Letters by company
Rio Tinto PLC
3 letters discussing RIO. Everything written about it on this site is on its ticker page.
- Oldfield Partners Overstone World All Cap Equity Fund July 2026 Commentary Overstone World All Cap Equity Fund argues that extreme AI-related valuations and narrowing market leadership resemble conditions preceding prior reversions to the mean. It finds opportunity in depressed UK equities, particularly globally exposed Rio Tinto and Diageo and domestically focused Marston’s and Barratt Redrow. July 2026 SPCX
- Oldfield Partners Overstone World All Cap Equity Fund 2Q 2026 Commentary Overstone World All Cap Equity Fund sold Samsung and SK Inc. too early, while retaining Stellantis and Barratt Redrow on the view that restructurings, low valuations and durable industry economics are underappreciated. The fund views easyJet’s recommended takeover price as failing to reflect its fleet, landing slots and profit potential. 2Q 2026 BTRW $6BESYJY $6.8BSTLA $12B
- Latitude Investment Management Game of Two Halves Latitude Global Fund avoided semiconductor suppliers, arguing that AI-capex earnings may resemble the mining supercycle, where rising supply and slower demand growth eventually impaired long-term returns. It doubled UnitedHealth after reimbursement and medical-cost trends improved, and added substantially to Cencora following an earnings-estimate miss and guidance increase. Q226 COR $67BMU $918BRPRX $40B
