Here’s why SRUUF is one of my ten current investment holdings. I haven’t done a huge amount of research on this holding and it has been the most recent addition to my holdings. I’ve been watching uranium for a while now, but I haven’t really found a compelling company that I feel would be a good fit for me. Because of this, I decided to simply buy the Sprott Uranium Trust. It seems like the simplest, most direct way to benefit from uranium going higher.
Harris Kupperman has been pounding the table on uranium for a while now, and he’s one of the reasons I finally started doing more research on it. My entire thesis is spelled out much better by him than I can convey by writing a long article, so I’m just going to link to an interview that he did that I found particularly compelling.
The interview itself is actually very humorous in it’s own way. We forget sometimes how different our perspectives are as investors as opposed to someone who has no interest in finance. Hearing these two people discuss investing in uranium at a nuclear energy conference surrounded by nuclear physicists who have no concept of what they’re talking about is hilarious. Here’s that interview…
Welcome to my blog!
This blog is being created so that I can make my own meager contribution to the advancement of human liberty. I believe that the advancement of liberty is a learning problem and not a teaching problem. My goal is simply to learn. As I learn, I hope to share what I’ve learned with you. It is my hope that in giving, I will receive. As Leonard Read said:
“Why is this simple solution so little recognized, as if it were a secret; or so hesitatingly accepted, as if it were something unpleasant? Why do so many regard as hopeless the broadening of the single consciousness over which the individual has some control while not even questioning their ability to stretch the consciousness of others over which they have no control at all?
Most of the answers to these questions are as complex as the psychoanalysis of a dictator or the explanation of why so many people dote on playing God. Leaving these aside, because I do not know the answers, there stands out one stubborn but untenable reason: the widespread but desolating belief that the world or the nation or society could never be “saved” by the mere salvaging of private selves. People say, “There isn’t time for such a slow process,” and then, to speed things up, they promptly hurry in the wrong direction! They concentrate on the improvement of others, which is a hopeless task, and neglect the improvement of themselves, which is possible. Thus, the world or the nation or society remains unimproved.”
It's A Learning Problem 