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Originally posted by pastperformer:
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"There never really is a "its different this time" scenario in resources, the boom and busts are part of the sectors DNA." Yes, actually there is. There is a this time is different in every scenario."this time being different. "You will make your money back in 1.5 years given the current status quo . Would you say that's a more likely or less likely event than the tech stock example?Well I only need 18 months to get my entire capital investment back . The case for this time being different is very strong as pointed out above. The market is pricing in a material drop in price in the short run. I don't need it to be different forever, just different long enough to make an outsized return.
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Last edited by
saracenm :
cant type
06/07/22
(20min delay)