TLG - Media, page-3031

Your point on diversification is an interesting one. It cannot be taken in isolation, which stocks to diversify ? QS down from 130 ? , Maybe ARK funds down 40% at times or Greensill now bankrupt.

Studies show over the long term your profits come from a small part of your portfolio. My preference is concentration, i sleep at night.

Also entry point is a skill. I know one investor here watched for many months and got in at 1.28 recently. That's good timing.


Difficult to know. I have no skill for timing.

Also Howard Marks says being early can feel the same as being wrong , as you wait for the market to catch up.

All boats will rise over the next 10 years, most will be constrained by their resources. Talga will not. It should just keep growing consistently delivering to an ever hungry market for many decades.

One offtake and it could go 7x like PLL, and then add a that day to your period of assessment and TLG is the victor.

I'll measure success or failure in 2026. But will of course verify frequently.

June is looking good for the fully integrated DFS, plus JV ann. IMO.