About this document
Rethinking Resource Equities by Thomas Smith is a document available to read on EtoBox.
Emerging market growth and a rising world population push up commodity prices leading investors to chase ownership of hard-goods in the ground and buy resource equities just to get exposure to the underlying commodity prices. High prices may provide top-line revenue but equity investors need bottom-line profits, and they are thwarted by all of the accounting lines in between - specifically production costs, taxes and capital spending.
- Author
- Thomas Smith
- Language
- EN