Confidence in a Trade: The Power of Thorough Research

The podcast discusses the experience of investing in uranium before it became a popular trade. The guest, Harris Kuperman, shares his unwavering confidence during a period when uranium prices were stagnant. Despite being the only buyer during that time, he remained steadfast in his belief that the trade would eventually work out. His confidence stemmed from thorough research and a deep understanding of the market fundamentals. Kuperman emphasizes the importance of conducting extensive research to build conviction in a trade, rather than relying on superficial analysis or short-term price movements.