How BHP grew 11% a year for 76 years
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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 empireThe innovations that put BHP at the forefront of miningThe strategic moves it made to get to and remain at the topHow cost advantages and resource acquisition have helped BHP maintain dominanceHow 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 investmentsThis 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. __________ Enter our giveaway for a chance to win 1 of 50 custom-made Superhero Sherrin footies! T&Cs apply. Get US$10 of NVIDIA stock when you sign up for a Superhero Trading account: here. T&C’s apply. Superhero Trading allows you to invest in over 8,500 ASX and Wall Street shares and ETFs from just $2 a trade. Learn more about why Aussies choose Superhero. __________ Did you enjoy this episode? Subscribe to us on Spotify | Apple Podcasts | YouTube.Keep up to date with market news and updates on Facebook | Instagram | Twitter.Learn more about investing and superannuation from our blog. __________ 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.  Hosted on Acast. See acast.com/privacy for more information.
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