Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
'At Goldman Sachs, the company has a designated class for stocks that look particularly appealing; these go on what the banking giant calls its Conviction List, reserved for names that are not only deserving of Buy ratings but are the cream of the crop'
Thats very kind Joe, I was in a big hole not long ago so was forced to understand a few businesses well whcih helped with the investment. I had some very dark days, weeks and months holding Rolls through 2020-2023...reading Buffets theories helped greatly
Retirement, play your own game. You were asking aboput whether to scale up your position in Rolls, I was offering a different perspective. I do not believe in diversified positions as you simply cant be an expert in each business. You may as well track the Nasdaq on an index fund ratehr than picking a basket of winners. Its much easier to pick one winner.
Good luck with your strategy.
I started buying rolls at 80p...my average is below 100p.
I did very well on Menzies before that...bought at 90p had over 1% of the company we were bought at at 605p.
I take concenrtrated positions on companies I understand well.
Being a contrarian has done me well.
You talk about the herd? When I was buying in 2020, I didnt see you posting here? Check my post history, I was bullish on this 3 years ago...I was years ahead of the herd, and now I get to watvch this rise.
Rolls is the easiest play of all time since 2020. Buy and hold. You will do well.
We are at huge support around 295-300p and we have not even announced a dividend yet. Try to own as many of these shares as you can, the next 5 years are going to be very kind.