2nd Quarter 2024 Letter to Investors
In this letter, we discuss persistent inflationary pressures and potential misallocation of capital in financial markets that could lead to future...
249 Views
How To Lose Money Smelting Copper
Investing in copper and copper miners represents a significant opportunity for investors over the next ten to fifteen years.
229 Views
1st Quarter 2024 Letter to Investors
Outperformance of Metals and Mining sector: The fund's gold, copper, and lithium investments outperformed their respective industry...
190 Views
A Deep Dive into Chinese Industrial Production
This post examines China's economic strategies and their impact on global trade and geopolitical dynamics, focusing on the shift from low-value...
211 Views
Renewable Energy And "Grade"
Renewables as extractive industries: Renewable energy sources like wind and solar are extractive industries that depend on the “grade” of the...
200 Views