My Assets (Podcast Episode 222)

Summary

In this podcast episode, the host delves into the philosophy of contrarian investing, highlighting the importance of long-term strategies and a diversified portfolio. They emphasize patience, particularly in sectors like gold, uranium, and electrification, and recommend starting with broad exposure before diving into specific investments. The host discusses how macroeconomic shifts will create future opportunities, urging listeners to embrace a 5-10 year investment horizon. They share their vision of the next wealth transfer, rooted in the belief that those who are early in contrarian investments will reap significant rewards.

Takeaways

• 😀 Contrarian investing involves being early to trends that others overlook, focusing on long-term growth rather than quick gains.
• 😀 The speaker prioritizes broad-scale exposure to sectors like electrification before narrowing down to specific companies once the landscape is clearer.
• 😀 Patience is crucial in contrarian investing, with a 5-10 year investment horizon necessary to allow trends to unfold fully.
• 😀 Gold and uranium are seen as undervalued assets that will eventually become crucial as society recognizes their importance in the global economy.
• 😀 The speaker prefers dividend-paying investments, even if they are in the form of ADRs, as long as they provide cash dividends for reinvestment.
• 😀 Diversifying into sectors like copper, lithium, and natural gas is part of a strategy to ensure exposure to key commodities that will drive future growth.
• 😀 The speaker believes a supply shock in copper is inevitable, as it is hard to mine and requires long approval processes for new projects.
• 😀 Web 3.0, blockchain, and Ethereum-powered technologies, particularly in decentralized gaming, are seen as future growth areas with significant potential.
• 😀 The contrarian investing approach requires maturity, as volatility can be high and prices may decrease before the long-term upside is realized.
• 😀 The speaker views contrarian investing as the best way to capitalize on the coming wealth transfer, positioning oneself early before mainstream recognition.

Q & A

What is the main focus of the 10-Minute Contrarian Podcast?

The podcast focuses on contrarian investing and alternative finance, providing insights into long-term investment strategies that go against mainstream trends.

Who sponsors episode 222 of the podcast, and what does the sponsor offer?

Episode 222 is sponsored by Bybit, a trading platform that allows users to trade various assets, offers incentives, and has a reputation for strong security, having survived one of the largest hacks in history.

What investment structure does the host use for his portfolio?

The host divides his portfolio into four equal parts: 25% gold, 25% Bitcoin, 25% assets (like stocks and commodities), and 25% cash or yield-bearing instruments.

Why does the host emphasize taking initial profits and moving stop losses to break even?

This strategy ensures that there is no possible loss on a trade after a certain level of profit, similar to his forex trading principles, allowing him to only win or break even.

What is the host’s view on relocating to a cheaper country for financial advantage?

He believes moving to a lower-cost country increases disposable income and investment potential, citing his own experience of becoming a top 5% earner immediately after relocating.

How does the host categorize his crypto holdings beyond Bitcoin?

He considers all non-Bitcoin crypto positions, including gaming tokens and NFTs, as assets since they function similarly to tech companies that happen to operate on the blockchain.

Why does the host continue holding long-term positions in assets like gold, silver, and Bitcoin?

He views these assets as inevitable long-term winners and prefers to hold them through speculative cycles, waiting for major global or economic events that will significantly increase their value.

What sectors and assets does the host currently include in his ‘assets’ category?

His assets include silver mining stocks, copper (both majors and juniors), natural gas, rare earth elements, uranium, and large mining companies that pay dividends.

What investment philosophy does the host apply when buying finite or semi-finite assets like silver or Bitcoin?

He prioritizes ownership of the asset itself over its current fiat price, believing the intrinsic scarcity and future value outweigh short-term cost concerns.

How does the host approach risk management when investing in sectors like uranium and copper?

He diversifies across both large and junior companies within each sector, avoiding excessive exposure to high-risk juniors while maintaining strong upside potential.

What does the host mean by ‘contrarian investing’ being the best way to invest?

Contrarian investing involves buying undervalued assets before the broader market recognizes their potential, often feeling uncomfortable or counterintuitive at first, but offering outsized rewards later.

Why does the host believe investors must adopt a 5–10 year time horizon?

He argues that major investment themes—such as shifts in energy, metals, or blockchain adoption—take years to play out fully, and only patient investors can capture their full benefits.

What future market events does the host anticipate as key triggers for his investments?

He expects significant events like a global realization of fiat currency weakness, increased uranium adoption, copper supply shortages, and mainstream blockchain integration to drive massive price growth.

How does the host treat dividends from foreign mining companies?

He holds ADRs (American Depository Receipts) of non-U.S. companies, which pay dividends in cash instead of reinvested shares, since DRIP programs are unavailable for ADRs.

What is the host’s stance on broad vs. speculative exposure in emerging sectors like electrification?

He prefers starting with broad ETF exposure to ensure stability and reduce downside risk before moving into more speculative, higher-upside individual companies.

Why does the host discourage treating juniors as ‘lottery tickets’ in investing?

While juniors can provide large upside, they are risky and can fail even if the sector succeeds. The host advocates balancing them with safer, larger-cap positions for stability.

What mindset does the host encourage among his audience of contrarian investors?

He reminds listeners that contrarian investing often feels uncomfortable and unconventional, but being early is not the same as being wrong—it’s part of achieving long-term success.

What types of investments does the host plan to explore next?

He is monitoring sectors like lithium, natural gas, and additional copper majors, waiting for favorable technical signals before adding to those positions.

What long-term vision does the host have for his investment journey?

He aims to participate in what he calls ‘the next great wealth transfer,’ after which he plans to shift towards dividend and income-focused investing later in life.

What does the host ultimately want listeners to understand from this episode?

He wants listeners to grasp the discipline, patience, and unconventional thinking required for contrarian investing, emphasizing that success comes from being early, prepared, and consistent.