The Business Brew
Mike Alkin - Talking Uranium
Episode guests
Podcast summary created with Snipd AI
Quick takeaways
- Mike Alkin identified an asymmetric investment opportunity in uranium following its significant price decline post-Fukushima disaster, emphasizing extensive research on market fundamentals.
- Contrarian investing's psychological challenges were discussed, highlighting the necessity of data-driven analysis to counter prevailing negative market sentiments in uranium.
Deep dives
Mike Alkin's Early Investment Journey in Uranium
Mike Alkin embarked on his investment journey in uranium during a challenging time when the commodity had significantly declined in value, primarily due to the fallout from the Fukushima disaster. By 2016, at a point where uranium prices had dropped by around 90%, he recognized a unique opportunity in this oversold market, where many companies had disappeared and investor interest was virtually nonexistent. Alkin's dedication to understanding the fundamentals of the uranium market involved extensive research on supply and demand dynamics, including studying global nuclear reactors and their operational needs. This detailed analysis set the foundation for his investment vehicle, Sakim Cove Partners, focused on capitalizing on what he viewed as an asymmetric risk-return situation in uranium markets that others were largely ignoring.
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