It delivered a 262,000% share price growth over 76 years – or an impressive 11% a year compounded – even before accounting for dividends paid since at least 1980. Can you guess which ASX heavyweight it is?
It’s none other than BHP, the mining giant that brought Australian earth to the global stage.
BHP began in 1885 with a single mining claim in the Australian Outback. How did that alone lead to what it is today?
Here are the superpowers we’ll uncover:
- The origin of BHP: From a dusty mining town to a A$215 billion empire
- The innovations that put BHP at the forefront of mining
- The strategic moves it made to get to and remain at the top
- How cost advantages and resource acquisition have helped BHP maintain dominance
- How the future is looking for BHP amidst the global movement towards decarbonisation, renewable energy and green metals
- The key takeaways for investors: The power of patience, compounding and strategic resource investments
This podcast is brought to you by Superhero (www.superhero.com.au).
Proudly helping over 350,000 investors and superannuation members on their wealth-building journey.
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Superhero Markets Pty Ltd and Superhero Super Pty Ltd do not provide financial advice that takes into consideration your personal objectives, financial situation or particular needs. All investments carry risk, so please consider carefully before making any investment decisions and seek independent financial advice. Past performance is not indicative of future performance. Pictures, charts and graphs are provided for illustrative purposes only.
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Information
- Show
- FrequencyUpdated Fortnightly
- Published11 November 2024 at 1:25 am UTC
- Length25 min
- Season1
- Episode4
- RatingClean