Down 75% since I warned of bubbles
November 30, 2023 Leave a comment
15 months ago, to the day I warned of ‘bubbles’ in Natural Gas, LNG, Coal and Lithium.
The charts below show you the prices then and since.
Most have have fallen 75% from that date my note was published.
It’s not about ‘shorting’ but instead knowing when to stay away.
It’s about knowing what time you are arriving at the party.
It’s about identifying a frenzy, euphoria or mania.
Today, some friends were asking about my investing style and I said that I spend much time telling clients “No”.
In other words, not chasing such mania’s and not losing capital, doesn’t show up in your investing performance reports.
November 30, 2023
by Rob Zdravevski
rob@karriasset.com.au
About Rob Zdravevski
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