Value Hive Podcast
Matt Warder: Coal, Precious Metals, and Dinner with Mohnish Pabrai
Feb 28, 2025
In this conversation, Matt Warder, a coal industry expert from Seawolf Research, shares his deep insights on the evolving coal market and why coal stocks remain undervalued. He discusses the implications of metallurgical coal for steel production and the expected uptick in coal output. Additionally, Matt reflects on his memorable dinner with investor Mohnish Pabrai, offering valuable lessons from that experience. His unique journey from aspiring medical student to coal consultant adds a personal touch to this intriguing exploration of commodities.
01:14:42
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Quick takeaways
- Matt Warder emphasizes the undervaluation of coal stocks and the potential for significant price recoveries towards 2026-2027 due to structural changes.
- The ongoing demand for metallurgical coal, crucial for steel production, remains strong despite alternative energy transitioning pressures and inadequate infrastructure.
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