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Kevin Bambrough

Sep 26 • 3 tweets • 1 min read

Just as the mania and euphoria of the spring passed. So will the panic and depression of this fall...

6 months later we are at a polar opposite time.

The decision to sell down #uranium equities and load up on physical #uranium was a great call.

Today the equities are dirt cheap and should be bought hand over fist.

When most are in pain and many scared shitless, that’s what you have to step up and make your big bets. Just like March 2020… but the reason these lows are made is that few have the discipline to keep dry powder to capitalize.

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Kevin Bambrough

@BambroughKevin

Sep 25

@contrarian8888

Good disclaimer thread by @contrarian8888

I’ll add.. one formula I always have strived for is to be right more than 50% but consistently making on average 4x what I typically lose when I’m wrong.

https://twitter.com/contrarian8888/status/1392161964487581696

Means that if I strongly believe something has 50% I shouldn’t be risking more than 10-15% downside

But note.. when I shoot for 10x or 20x returns I can tolerate some 100% losses in my portfolio. It’s sad when it happens but expect it to happen.

Diversification is important. Risk management. Also hedging etc. and when it comes to portfolios all your assets and liabilities should be considered along with your ability to earn income from your personal labour or business.

Read 4 tweets

Kevin Bambrough

@BambroughKevin

Sep 24

Conviction without knowledge is deadly. I’ve watched so many people ride investments to the grave that they simply never even remotely understood.

I’ve also watched many people do all the work and have immense knowledge but lacked conviction to buy and ride out the volatility

Success comes when you are prepared for the market to irrationally sell down your conviction investments.

I look at the carnage in many nasdaq stocks today. Especially the Covid stocks that all the geniuses bought while they were ‘researching’ during quarantine.

Read 6 tweets

Kevin Bambrough

@BambroughKevin

Sep 18

If your a fuel buyer for a #nuclear power utility and you don’t have 10 year fuel coverage you should get busy because many of you simply will not be able to contract supplies at what your superiors currently think are acceptable prices.

A price spike to at least $200/lb and sustained pricing above $150/lb is going to be required to spur investment flows into the many new mines that will be required. (As well as conversion, enrichment capacity and fuel fabrication)

As soon it will become obvious to all that there is little to no supplies to contract and the market is going to squeeze just like it did in the last cycle. You really need to ask yourself what your thinking?

Read 15 tweets