Weekend must-read by the always wise @CEOTechnician ❤️
One of the best pieces I have ever read re investing in junior mining and a timely fit for my recent poll:
@goldfinger/the-key-to-being-a-great-speculator-position-sizing" target="_blank" rel="noopener" onclick="event.stopPropagation()">ceo.ca
One of the best pieces I have ever read re investing in junior mining and a timely fit for my recent poll:
@goldfinger/the-key-to-being-a-great-speculator-position-sizing" target="_blank" rel="noopener" onclick="event.stopPropagation()">ceo.ca
“The trick with betting larger is being able to objectively assess whether the probability of a favorable outcome really is greater, opposed to a variety of cognitive biases that create an illusion of greater certainty for the investor.”
“The biggest positions should be the ones where you have a rare, unique insight into a company and the catalysts that could drive its share price higher in the future. These situations will usually involve a stock that few are paying any attention to.”
“In junior mining, it can often mean being a lonely buyer of a stock for an extended period of time before the herd begins to arrive and take notice.”
I am laminating a hard copy and posting the entire article on my office walls…HAGW everyone!
I am laminating a hard copy and posting the entire article on my office walls…HAGW everyone!
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