Thread by @BULLReturns

Cycle emotional considerations:

Bottom: actually the best point for maximum greed, often though the point of maximum fear (point of maximum loss)

Top: actually the best point for maximum fear, often though the point of maximum greed (the point of maximum gain)

In sink?

We had our first attack for discussing the concept that our fear gage is gaining momentum, the attack is a further contrarian indicator that we are on the correct track. Denial is a response most have to their greed thesis being questioned, 90% don't handle well this reality.

Wishing and hoping are not rational mechanisms for wealth building.

Understanding the risk one is taking at a given point of the cycle allows one to control and manage the wealth building process.

How many of you have compounded your wealth at 25% pa + over the last 10yrs?

That would result in $50k becoming $465k or $500k becoming $4.65m.

Just remember coming off 200% growth over the last 18 months due to #uranium, #coal or #natgas stocks isnt generally something you can compound at unless your next switch, is very well timed, near a cycle low.

From the bottom to the top = 10x plus

From the top to the bottom = -80% plus

Which do you prefer to get close to?

#commodities
#cyclicalinvesting101
#uranium