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DewDiligence

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DewDiligence

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Re: hptaxis post# 4186

Wednesday, 02/01/2012 7:54:45 PM

Wednesday, February 01, 2012 7:54:45 PM

Post# of 30493
More on the same story from the WSJ:

http://online.wsj.com/article/SB10001424052970204652904577194300985705264.html

Fortunately for VALE, it can still use the megaships to transport iron ore from Brazil to ports in Southeast Asia, although this is obviously not as cost-effective as shipping directly to China.

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

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