7 Comments
founding

The field of commodities is incredibly intricate and deeply interconnected, leaving me both fascinated and overwhelmed by its complexity. I recently enjoyed reading Ed Conway's *Material World*, which provided some valuable insights. Yet, the more I learn, the more I realize how much I still don't understand—and probably never will.

There are certain bottlenecks where a single company supplies all the essential material globally. Without it, entire industries would come to a standstill. It's truly mind-boggling.

Below you find an interview of Ed Conway.

https://www.youtube.com/watch?v=4C2-tWcFKfQ&t=148s

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founding

FEG I'm speechless, this outstanding research says it all. This desire for a green world is the most dangerous thing for the environment. It seems that society continues to find more inefficient ways of using resources it claims are dangerous, to make it feel better about relationship with the environment. I'm off to increases my coal positions, thanks for the continued outstanding content!!

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You should dig a bit into natural graphites as it seems it might be more than cost competitive compared to the synthetic - https://talgagroup.eu-central-1.linodeobjects.com/app/uploads/2024/08/01144359/20240801InvestorWebinar.pdf

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Very interesting on graphite

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Thanks Ferg for your indepth analysis

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Hey mate your Youtube video from your time at Crux Investor (with your mentor) is not available anymore from the "About" section.

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Hey Ferg,

Question in regards to your invalidation points as I get to understand your style of trading. Do you have a maximum loss tolerance for a specific stock (10, 20, 30%)? Do you pick stocks that you believe will do well for the next x years based on a narrative and you "forget" about the price action? Somewhere in the middle? Thanks.

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