In a post called As Warren Buffett Dumps Retailers And Loads Up On Airlines I took a fleeting look at the improving economics leading to much improved ROIC of listed airlines as a possible reason why Buffett would have bought stock in an industry that he has traditionally shunned throughout his investing career. It has been well documented that low oil prices have … [Read more...] about Has New Tech Been Responsible For The Improved Profitability Of Airlines?
News flashed across my screen at the beginning of the year that Anglo American (LSE: AAL) was the best performing FTSE 100 stock in 2016 returning 289%. Not bad for a large cap. Here's what that looks like on a price chart: A pretty impressive run. What's even more impressive is that AAL today is worth £16.28 billion. Not bad considering that AAL was the one of … [Read more...] about Anglo American Returned 289% In 2016 – That Is A LOT