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Re: DewDiligence post# 2656

Tuesday, 05/10/2011 1:59:27 PM

Tuesday, May 10, 2011 1:59:27 PM

Post# of 30523
If anyone here has 5 minutes to spare, listen to VALE’s 1Q11 webcast from 29:10 to 34:16:

http://www.mediatown.com.br/prnewswire/player/index.php/player/modelos/preplayer/index.php?id=521

The speaker, VALE’s head of operations, Eduardo de Salles Bartolomeo, is not especially facile in English, but he makes as clear a case for investing with The Global Demographic Tailwind as you will hear from a corporate executive.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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