Ten Junior Resource Stock Investing Lessons Learned in 2023 by Bill Powers (most fail at #4)
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)
Previous MSE episodes mentioned in the above monologue:
Protect YOUR Profit from Small-cap Defamers: Insights from Lawyer and Investor Kerry Lutz: https://www.youtube.com/watch?v=qG5LWWqPJ2g
Six Ways to Profit in a Junior Mining Bear Market with Bill Powers (Resource Investing Tips): https://www.youtube.com/watch?v=2f8EhmR4TP0
America’s Unstoppable Energy Trend: A Multi-Trillion-Dollar Opportunity (Correlate Energy Investment Thesis): https://www.youtube.com/watch?v=e185GsIEf_I
Discerning Bias in the Mining Investment Sector with Bill Powers (Don’t be a dupe!): https://www.youtube.com/watch?v=t6JZRCwVQcI
Don’t Buy a Junior Mining Company IPO without Considering These 6 Points First explains Bill Powers: https://www.youtube.com/watch?v=uSYNT4OyqoI
excellent advice lessons!