From Tao of Charlie Munger: We are in a pure commodity business which means miner gets the same price, more or less, for their products. The average miner will do well in the good years, but terrible in the lean years. All else equal...
Continue reading » May 25, 2020 admin Gold & Silver Stocks, Investing Strategies 1 Comment A quote from the poker movie “Rounders”: “Listen, here’s the thing. If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker” It’s important to take in a lot of different viewpoints regarding any investment. Every...
Continue reading » May 12, 2020 admin Investing Strategies No Comment Anyone ever seen someone in the mining space recommend a book on value investing or investing overall? Me neither. Personally I consider investing theory to be much more important than knowledge of geology or mining engineering. … Think about it. I would say that the...
Continue reading » May 7, 2020 admin Investing Strategies 2 Comments Lately I have been plowing through the Berkshire Hathaway’s Annual Meeting’s. There are a lot of gold nuggets in there and it’s a good way to learn while also helping me to stay patient and not stare at tickers the whole day:
Continue reading » May 3, 2020 admin Investing Clips, Recommended Reading No Comment It’s hard not to get influenced when seeing many bombed out stocks and even large producers go on an absolute tear from the “Corona bottom”. Some are up more than 100% and I can feel the very human urge of FOMO starting to set in....
Continue reading » May 2, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies No Comment A discussion and Q&A with Charlie Munger. In this discussion Charlie first talks about common sense and how it is not common. He then discusses the Social Sciences and his views on them. Finally Charlie takes questions from the audience and displays his wisdom across...
Continue reading » April 28, 2020 admin Investing Clips, Recommended Reading No Comment Just thought it would be fun to see what an undisclosed Canadian “broker” thinks about my top 3 at this point in time. You know, just to make sure I’m still a contrarian. Here are the comments: … Perfect! Pretty in line with what...
Continue reading » April 28, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Irving Resources, Lion One Metals, Novo Resources No Comment An interview with value investor Mohnish Pabrai. In this interview Mohnish discusses how he approaches investing and the philosophy to his approach. Mohnish also talks about value investing and what a individual investor should do to beat the market.
Continue reading » April 27, 2020 admin Investing Strategies, Recommended Reading No Comment The typical stock does not have a direct finite supply of goods or services to sell. Microsoft can create an endless amount of software and will never run out of ones and zeros to meet demand. A gold miner does not have that luxury since...
Continue reading » April 25, 2020 admin Horseman's Portfolio, Investing Strategies, Irving Resources, Lion One Metals, Novo Resources 4 Comments I have watched pretty much every video I could find with Mohnish Pabrai where he talks about investing. He makes a lot of sense to me… Description: In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written...
Continue reading » April 25, 2020 admin Investing Strategies, Recommended Reading No Comment 
