The GraveYard Shift

[JD400]

Ten Junior Resource Stock Investing Lessons Learned in 2023 by Bill Powers (most fail at #4)

MiningStockEducation.com
Jan 4, 2024 #commodities #miningstocks #resourceinvesting

Bill Powers shares ten junior resource stock investing lessons he learned in 2023 in this MSE episode.

0:00 Introduction
1:40 #1 View junior resource stocks as call options with limited time value
5:29 #2 Consider intrinsic value as much greater than time value…Don’t let big profits slip away
8:33 #3 Remember non-captured unrealized gains are not losses
10:16 #4 Choose to be a self-directed investor and not a victim
14:47 #5 Lack of information/coverage in small caps allows for dishonest bashers
18:15 #6 Do not invest unless you have a (legal) competitive advantage
23:52 #7 You’ll never out-smart Vancouver insiders, but you can outperform dumb retail
25:39 #8 Stay liquid (private deals and private placements are becoming increasingly unattractive)
28:03 #9 Be willing to change your mind
31:08 #10 Increased wealth will only amplify your existing character (for better or worse)