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 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 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 This is just going to be a very short post about some simple things such as basic math and inference that I think is quite important when it comes to investing… This is Novo’s land package in Pilbara: Egina The US$37 B enterprise...
Continue reading » April 12, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources 5 Comments If we are headed for deflation, if only temporary, then cashed up juniors with little to almost no fixed costs and high margin producers with little debt would be the best choices. The cash will go up in purchasing power and the higher margin producers...
Continue reading » March 16, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, The Economic Depression No Comment Juniors are cheap now, on average. Many juniors are trading far below their Expected/Intrinsic Value. Especially when considering that the price of their product, which is gold, is selling for $1,587 in US dollars and at all-time-highs in other currencies… Yet many juniors are currently...
Continue reading » March 2, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies 1 Comment 
