First off I just want to say I know nothing about what I'm talking about. I joined here to learn, and apart from super have not delved into shares.
I think I'm picking up (very slowly) a few hints and bits of advice.
One thing that sticks in my mind is (i think Tech/a said it) find yourself a good mentor. Rub shoulders with those that have success. Take note. Well, I don't know anyone like that. And they call security when I try to talk to them so I have to stalk then from afar.
So I noticed a few months ago Andrew Forrest spent some where in the vicinity of $40m on an interest in beef. He talks about a close upbringing in that game and a close affinity with working the land. One would be forgiven for thinking his decision had an element of romance based on his childhood. There is no doubting though that he can spot an opportunity and capitalise on it.
But something that is interesting is Gina Rinheart has now followed suit. She has invested roughly the same amount ($40m) in a joint venture to purchase cattle stations.
So I'm interested in everyone's opinion on it. Are we positioned for a good performance from the agriculture sector in the coming years? Can these two sniff an opportunity we all should be looking at? Or is Gina just taunting Andrew by showing him she has $40m pocket change too?