You are viewing a single comment's thread from:
RE: How being a contrarian investor is a mental stamina test!
Sorry, been a bit under the weather so have not been at my computer much. And I am far from being a pro - just wondering what you look at. I might dabble in some mining shares in the future - so like to arm myself along the way. As miners are price takers - I probably would put emphasis on lowest cost operators. For normal stock I like to look at HEPs over a 5 and 10 years in combination with a stocks PE BTW - if you ever looking at a dual listed (with one side being in SA!) - great site for stats - and free. http://itradedata.co.za/Data/014590/fin_analysis.htm
Thanks Al and sorry to hear that you've been ill! You're right about looking for low cost operations (less susceptible to falls in commodity prices)
I recall you mentioning an interest in lithium miners. I think this is definitely something to buy stocks in (same with cobalt which goes hand in hand with lithium). I think that these will eventually become the 'new oil' stocks.
...
The one weakness I have is penny share stocks (I'm kind of like a fly to sh*t). There's plenty of upside if you get it right but also lots of risk! That's why as per a previous blog I was wondering about miners in other markets (Canada & Aus) - From what I've seen they tend to be better quality and don't use shareholders as a constant cash cow.