This is a piece I’ve had on the drawing board but never got around to for the better part of a month. But today someone asked me a question that inspired me to sit down and really write about it. Let’s have some eucalyptus tea… So what does the koala actually think? After first buying Vale in 3Q20 around $10-12/share to see it run up to $23-24/sh, back to $13, back to $20+ and now back to $12-13…it is an excellent question.
Swap Vale with Alphamin and Iron Ore with Tin, and you got next week's post today! Thanks for sharing Koala.
A Tour de France analogy: As the best rider, you don't just want to finish first, you want to finish alone, that means you need to choke off your competitors, often done by varying the power zones (google it, much like your cost curve, but with heart rates) ;)
Swap Vale with Alphamin and Iron Ore with Tin, and you got next week's post today! Thanks for sharing Koala.
A Tour de France analogy: As the best rider, you don't just want to finish first, you want to finish alone, that means you need to choke off your competitors, often done by varying the power zones (google it, much like your cost curve, but with heart rates) ;)
Volatility is the price we pay for outsized gains.