Bill Powers shares insights on when to bet big on a specific small-cap resource stock in this episode. Diversification is good for risk mitigation, but wealth accumulation can occur faster via successful, concentrated bets on high-conviction plays. Bill shares examples from his own mining investing experience throughout this episode towards the end goal of helping you become a better mining stock investor. But don’t use this episode as investment advice but rather as ideas to consider and/or discuss with your investment advisor. Bill is a private investor and not a registered investment advisor.
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#miningstocks #resourceinvesting #pennystocks
16 Comments
Nice to hear your passion on this video, Bill. And your honesty
Nice to see Trillion Energy highlighted here TRLEF
Trillion Energy!
LOL Warren Buffet got 40% in Apple and he argued many times to bet big in the right stocks.
Yes master !
Do you share your stock picks and why you invest in them?
Bill, there's only 2 way's to bet big on those junk stocks.
1 insider information
2 be a promoter or newsletter writer or youtuber and front-runn your subscribers
This is a zero-sum game and someone has to hold the bag in the end.
Fortunately there's plenty degenerate gamblers whiling to lose their pants.
I realized after publishing that the part of this episode that implies Buffett's approach is contrasted with Druckenmiller is an inaccurate misrepresentation. Buffett has said, "You know, we think diversification is — as practiced generally — makes very little sense for anyone that knows what they’re doing. Diversification is a protection against ignorance." The point about how Buffett would not touch small-cap resource stocks is probably valid though.
https://buffett.cnbc.com/video/1996/05/06/afternoon-session—1996-berkshire-hathaway-annual-meeting.html
As pointed out in the comments below, in May '22 Berkshire had a 40% position in Apple:
https://www.cnbc.com/2022/05/02/buffett-bought-more-apple-last-quarter-and-says-he-would-have-added-more-if-the-stock-didnt-rebound.html
Thanks for sharing your thoughts Bill, it's always great to listen! My high conviction play is Frontier Lithium (FL.V) !
👆 – NЕW А DАТING ONLINE 💗❤c😜
Great job Bill
Greatland Gold – UK.
Great investing advice. Trillion reminds me of recent investment I started a couple months ago and continue to add to. Tectonic metals
This is also what I’d like to do. Bet big on a smaller number of companies, but make sure you are one of the best informed people on those specific companies
Thanks Bill for your opinion / tips ! .Sorry for may english 🙁 – You think that some time in future there will be some dyvivend ? I remember seeing one of the your interwiev's whit Art Halleran – he mentioned about another oil field they search [ theoretically big discovery ] near Irak – could you ask him next time how it looks ? . All good to you and your family – Merry Xmas !
ps. I am putting bet on Regenx 😉