Like I discussed the previous post today I think the average, high-quality junior is around 200% undervalued right now. Yet I believe that a majority of people are worried about the downside… “Gold could go lower!… Miners have not bottomed yet!” etc. But this worry...
Continue reading » February 11, 2022 admin Investing Strategies No Comment Don’t be so quick to wish tax loss selling silly season and low prices to go away… A long term investor who wants outsized returns ought to welcome periods with depressed prices with open arms yet 95% are only happy if their stocks go up...
Continue reading » December 16, 2021 admin Investing Strategies 1 Comment Mohnish Pabrai, Managing Partner at Pabrai Investment Funds, presented the topic “From Ben Graham to Phil Fisher” at the Ben Graham Centre for Value Investing’s 2021 Virtual Value Investing Conference. CLICK HERE to access the presentation
Continue reading » September 17, 2021 admin Investing Clips No Comment Ivey Business School’s Value Investing Classes of 2009 welcomed Seth A. Klarman as a Guest Speaker. Mr. Klarman is the President of The Baupost Group in Boston, MA. Our Guest Speakers are an integral part of our Value Investing education. This education sets out to...
Continue reading » September 11, 2021 admin Investing Clips No Comment I am not a trader. Well at least not a day trader. I am a value investor/trader who believes in risk/reward and margin of safety etc. My average investment horizon for my average stock is probably around 12 months. In other words I try to...
Continue reading » September 6, 2021 admin Investing Strategies No Comment I saw this comment on twitter earlier today: “Almost every single PM bull I follow on fintwit (some free, a few paid) have said in past 24 hours that we are going lower next” My Take: I don’t make investing decisions based on TA but...
Continue reading » August 11, 2021 admin Investing Strategies 8 Comments Gold and silver volatility primarily changes sentiment and not intrinsic value of juniors… Why? Because intrinsic value is the NPV of all future cash flows from a gold/silver project. If a junior makes a discovery which will be in production it matters little what gold/silver...
Continue reading » June 30, 2021 admin Gold & Silver Stocks, Investing Strategies 1 Comment If there is anything that is certain in investing, and pretty much most things in life, it is that nothing is certain. When I see people using absolutes while at least indirectly making a case for or against an investment you know from the start...
Continue reading » September 29, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources 4 Comments With the precious metal market heating up I get some emails and messages from people who are keen to learn about investing in this space. Contrary to most newsletter writers etc in this space I tend to focus on Investing Theory because I think it’s...
Continue reading » September 7, 2020 admin Investing Strategies 1 Comment I like this tidbit from the legendary Jack Bogle where he talks about the blessing of low prices (market corrections): … We all know everyone and their mother is always hoping for their stocks to go up today, tomorrow and the day after until eternity....
Continue reading » August 26, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources No Comment 
