BHP

The world's biggest miner on any stock exchange...  Yet, with great turnaround, the share price fell today in spite of a BETTER than expected figure.  I had once thought of selling it off but after Samarco disaster, it is too late to jettison this mining stock.  It is one of the main blue chips in any superannuation fund.

So, I left it where it belonged... in the dustbin in my portfolio.  However, the new management seems a lot more prudent and responsive.  So, I kept it.  In fact, with the fall in share price when the result is so good, and expected to do better with higher oil, iron, copper and coal price, why not top it up?

I love it when investors sell in the face of good news which is beyond expectation and with possible continuation of even better prices for the commodities it sells.  Dividend has also increased.  I am sure my late father will agree with my strategy :-)