"I've long said there's a big difference between investing and speculating. The key difference between the two that I think about is the time horizon involved in each. Typically, investing for any meaningful period of time is what most investors should be after. That's because, in the words of Charlie Munger, the money made in investing comes not from the buying or selling, but the waiting."
"What The Metals Company does is provide investors with leveraged exposure to a critical shift in how the global market will source critical battery minerals. The company's deep sea mining technology allows for golf ball sized nodules to be pulled off the ocean floor. These nodules contain one of the most difficult to mine minerals used in battery development, or minerals that are becoming increasingly costly to produce above ground, including manganese, high-grade nickel, cobalt, copper and other minerals."
Investing and speculating differ primarily by time horizon, with meaningful investing requiring patience to compound returns over time. Speculation can gamify investing and may suit a portion of a portfolio for entertainment and potential outsized gains. Timing entry and exit for speculative positions is difficult and can lead to total loss. The Metals Company offers leveraged exposure to deep-sea mining of polymetallic nodules that contain manganese, high-grade nickel, cobalt, copper, and other minerals critical for EV batteries and grid-scale storage. Alternative sourcing techniques may matter as onshore production becomes more costly.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]