Jalv

Analyst and investor in hard rock mines with a focus on pre-production assets, supply chains and macro economics

[Jalv @jalv_commodity]

@SpachusAus 27M Perth. No urgency to buy. Coming off 100% growth in 5 years..

Young professionals know they missed the boat. At least the way the market is playing out is giving us all hope that we maybe don’t live in an inheritocracy

[Jalv @jalv_commodity]

@DaveTaylorNews Word of the decade: stagflation

[Jalv @jalv_commodity]

@smoothinvesting FIRB is fully cognisant to APAC controlling ~40.90% of CTPJV when signed off...it's foregone.

TAM values CTPJV @ ~$100m
MGX values CTPJV @ >$10m

MGX funds FS / drilling with bank interest. Eventually they leverage cash for CAPEX. Only stumbling block is Koolan rehab.

[Jalv @jalv_commodity]

@smoothinvesting Adding that Brett Smith knows the answer. Sits on both boards already. As for FIRB they would not have ticked off on this originally if they had concerns so that fares well for merge co.

[Jalv @jalv_commodity]

@smoothinvesting When it comes time for FID and funding to me it makes a lot of sense to bring the 2 companies together to get synergy. TAM (had ROFR) can’t hold up their end of the bargain to fund 50% and MGX is sitting on ~$420m post Koolan rehab.

All scrip deal should get it done.

[Donald J. Trump @realDonaldTrump]

The United States has spent EIGHT TRILLION DOLLARS fighting and policing in the Middle East. Thousands of our Great Soldiers have died or been badly wounded. Millions of people have died on the other side. GOING INTO THE MIDDLE EAST IS THE WORST DECISION EVER MADE.....

[Rick Rule @RealRickRule]

the Golden constant

[Sprott Asset Management @sprott]

"The world is going to wake up and discover that there are huge deficits in things like copper, lithium and nickel. They're volatile, but as contrarians, we have the ability to move in when others are going the other way." Read more about Sprott CEO Whitney George’s thoughts on the critical minerals market in the latest issue of @GrantsPub.

https://t.co/dnCWP4IZwf

Disclosures: https://t.co/BtyoqldBXM

[Rui @Ruycorto]

The Pitfalls of Greed: Why Some Investors Fail to Take Profits When Stocks Outperform

Introduction:

Investing in the stock market can be a thrilling and potentially profitable endeavor. However, it often involves navigating a complex landscape of emotions, strategies, and market dynamics. One common pitfall that many investors encounter is the allure of greed, which can lead them to ignore rational decision-making and fail to take profits when their stocks outperform. In this article, we will explore the reasons behind this phenomenon and offer insights into how to avoid falling into the trap of unchecked greed.

The Psychology of Greed:
Greed, a powerful human emotion, can cloud an investor's judgment and lead to irrational behavior. When an individual experiences early success in the stock market, they may become overly optimistic, believing that the good times will continue indefinitely. This optimism can quickly morph into greed as they resist selling, hoping for even greater gains.

Anchoring Bias:
Investors often anchor their expectations based on their initial purchase price. When a stock surpasses this price, they may set higher profit targets, convincing themselves that the stock will continue to rise. This anchoring bias can lead to missed opportunities for profit-taking, as investors hold out for unrealistically high returns.

Fear of Missing Out (FOMO):
Fear of missing out on potential gains can drive investors to stay invested in a stock even when it has significantly outperformed their expectations. This fear can be exacerbated by the rapid pace at which information spreads on social media and financial news platforms, causing investors to worry about missing the next big move.

Overconfidence:
Overconfidence is another psychological hurdle that can prevent investors from taking profits. They may believe that they possess superior knowledge or insights that others do not, leading them to hold onto their investments longer than they should. This overconfidence can be particularly dangerous when market conditions change unexpectedly.

Regret Aversion:
Investors often fear the regret of selling too early more than the regret of selling too late. They may worry that if they sell a stock that continues to rise, they will miss out on even greater profits. This fear of regret can lead to inaction and a failure to take profits at the right time.

The Importance of a Solid Exit Strategy:
To combat the grip of greed, investors should establish a well-defined exit strategy before entering a trade. This strategy should include profit-taking targets and stop-loss levels, based on careful analysis and risk tolerance. By adhering to their pre-determined plan, investors can avoid making impulsive decisions driven by greed.

Diversification:
Diversifying a stock portfolio can help mitigate the impact of greed. By spreading investments across different asset classes and industries, investors reduce their reliance on the success of a single stock. This can make it easier to take profits when individual stocks outperform, as the overall portfolio remains balanced.

Conclusion:

Greed is a powerful emotion that can lead investors astray, causing them to miss out on opportunities to take profits when stocks outperform. To navigate the complexities of the stock market successfully, investors must recognize the psychological traps of greed and implement a disciplined approach to investing. Establishing clear exit strategies, diversifying portfolios, and maintaining a rational mindset can help investors avoid the pitfalls of unchecked greed and make more informed decisions in the pursuit of financial success. Remember that successful investing is not about maximizing every possible gain, but rather about achieving long-term, sustainable growth while managing risks along the way.