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Ep 364. Q&A: Entertainment, Intrinsic Value, Cyclicals, Dark Stocks, and The Too Hard Pile

Focused Compounding

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Is Your Commodity Business Planning a Good Idea?

If you need to be a commodity producer, and they've planning for for mines that are going to last 20, forty years, whatever, it's even. It's just more likely that, although you can have boom and bust, the average of those boom and bust is going to be tless likely to know that you're ging to get even a decent return. Of those things, they're just very sick. Local bu something like litium, they could make a ton of money for a period of time, nd they could just not make any money for ten years. And will havea there. You will have nowhere near enough lithium to do things that we want to do

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