The dumbest RIO spruik yet

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From the Motley Fool:

A frustrating aspect of investing is when external factors affect the financial performance and share price of a company in which an investment has been made.

That’s because, while the business itself may be financially sound, have a great strategy and superb product, a slowdown in the economy or lack of demand for a specific good or service can cause a severe decline in its top and bottom lines.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.