Money and Finance
From the book Cracking the Code:
- Improving Returns With Industry Consolidation...
From the book Capital Account: One of the primary cures for poor returns is consolidation, which is either driven by mergers and acquisition activity or by firms leaving the industry. By increasing the average size of firms within an industry, consolidation...
- Mish Buys A Basket Of Miners
Gold Stock Comments NEM - Newmont Mining: My best value play and weighted accordingly. Price/book is a mere 1.19 and I have no reason to believe book value is overstated. Trailing PE is 10.04 and the dividend yield is 4.10%. What's not to like?...
- Britain's Answer To Warren Buffett Backs The Biotech Sector In New Investing Book
He is a marathon-running polymath with the Midas touch, whose investment funds attract the seriously moneyed. Yet despite being revered by some as Britain’s answer to ‘Sage of Omaha’ Warren Buffett, investor and serial entrepreneur Jim Mellon is...
- Mining Fact
Just something I found interesting and potentially useful to investors looking at mining companies (from the book Mining Explained): "Because no two orebodies are alike, comparison among mines is risky. Just because ore on a particular property continues...
- Gmo: Two Questions We Can't Answer - By Robert Huebscher
The last part below is an important point when thinking about investing in mining companies. While eating lunch, I was watching Bloomberg and they showed a chart going back to 2006 showing Newmont Mining versus the price of gold, in which gold was up...
Money and Finance
Biotech and Mining comparison...
From the book Cracking the Code:
For every success in biopharma there are at least 10 failures. In a way, the biomedicine industry is a bit like the mining industry: it’s a capital intensive industry full of thousands of small companies trying to strike gold or other commodities; it’s an industry where travelling hopefully is often better than arrival; it has a fair share of charlatans; and when small exploration companies are successful, they often partner with mining giants, or sell outright to them. Mining is an industry where the time lags are long between the enterprise’s creation and the first mine (though not as long as in biotech) and, like biotech (although again, not to the same extent) it involves regulatory processes that create barriers both of time and of money.
- Improving Returns With Industry Consolidation...
From the book Capital Account: One of the primary cures for poor returns is consolidation, which is either driven by mergers and acquisition activity or by firms leaving the industry. By increasing the average size of firms within an industry, consolidation...
- Mish Buys A Basket Of Miners
Gold Stock Comments NEM - Newmont Mining: My best value play and weighted accordingly. Price/book is a mere 1.19 and I have no reason to believe book value is overstated. Trailing PE is 10.04 and the dividend yield is 4.10%. What's not to like?...
- Britain's Answer To Warren Buffett Backs The Biotech Sector In New Investing Book
He is a marathon-running polymath with the Midas touch, whose investment funds attract the seriously moneyed. Yet despite being revered by some as Britain’s answer to ‘Sage of Omaha’ Warren Buffett, investor and serial entrepreneur Jim Mellon is...
- Mining Fact
Just something I found interesting and potentially useful to investors looking at mining companies (from the book Mining Explained): "Because no two orebodies are alike, comparison among mines is risky. Just because ore on a particular property continues...
- Gmo: Two Questions We Can't Answer - By Robert Huebscher
The last part below is an important point when thinking about investing in mining companies. While eating lunch, I was watching Bloomberg and they showed a chart going back to 2006 showing Newmont Mining versus the price of gold, in which gold was up...