Why Direct Investors Aren't Looking at the Mining Industry

The mining industry is a really complicated sector to look at, and youd better have a genuine geological understanding and historical understanding of the assets. And i think most people who don't have it probably rightfully stay away from the sector. This sector has destroyed more capital than unnecessarily than any other sector that i know of. With a fraction of apples cash, he could buy every single gold miner in the world. The top 20 companies in the sector alone had destroyed, as it misallocated and written off, a hundred and 57 billion dollars worth of capital. That's why i think the ardohicans who were allocating capital to the sector basically gave up and decided not to invest anymore.

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