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/biz/ - Business & Finance

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>> No.18409208 [View]
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18409208

I'm losing my marbles over the industrial sector.

Caterpillar, Royal Dutch Shell and Rio Tinto are what I'm looking at because I know those names. Now what troubles me is I can't find any moat these companies have over their competitors. Trucks are trucks, oil is oil and ore is ore. Nobody has an edge. Is there something I'm overlooking here?

I thought exposure to commodities is required for a diversified portfolio but this decision is giving me trouble. I can't find arguments for choosing these companies over Komatsu, Exxon Mobil and BHP for example.

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