Time to go to Rio?

Founder and Publisher of the Switzer Report
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I know newspapers are dwelling on the night of the long knife that took Tom Albanese out of the play as CEO of Rio Tinto, but the big issue for me and any trustee of a self-managed super fund is a simple one and that’s: “Is Rio now a buy?”

Or put it another way and with apologies to Peter Allen: “Is it time to go to Rio?”

Regular readers and viewers of my Switzer program know I was talking up both BHP-Billiton and Rio when their share prices sagged on lower commodity prices and reports of a hard landing for China.

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