TECK - BHP Billiton Is Providing A Clue For Investors
A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years… We are profoundly worried that this could be a risky allocation over the next 10."
Sanford C. Bernstein & Company Analysts (January 2017)
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria"
Sir John Templeton
Life and investing are long ballgames."
Julian Robertson
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Introduction
During the fourth quarter 2018 financial market meltdown, which culminated in the Christmas Eve sell-off, BHP Billiton (BHP) held above