TIP 504: Opportunities in Energy, Metals and Mines w/ Will Thomson
We Study Billionaires - The Investor’s Podcast Network
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Investing with Probabilities
This chapter explores the practical application of probabilistic thinking in valuing mining firms and managing investment risks. It emphasizes the importance of considering uncertainties in commodity prices and management execution through discounted cash flow analysis. By integrating various outcome scenarios and focusing on proper position sizing, the discussion aims to enhance decision-making and risk assessment in investing.
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