Nice work man. You know what would be interesting? To see how the Sprott Uranium Miners ETF (URNM) compares against their physical uranium trust in terms of performance. That tells us if the risk of investing in miners results in added leverage. :)
@Nanalyze good idea. I have been buying since late 2021. 2 year: SRUUF +52%, URNM +38% 3 year: SRUFF +55%, URNM +42% In 21 and 23, there was a dividend. The 3 yr annualized return is 1.2%. This should be 47% total gain for URNM over that time.
@@MSportsEngineering Thank you very much for adding some good value around the topic. Intuitively it seems like the physical uranium asset would provide the best risk adjusted reward.
Great to see a little bit of interesting analysis of some balance sheet! I think it is as difficult to make it interesting as it is important to know something about that balance sheet analysis stuff. thx!
We've covered them in the past but didn't care for the temporary nature of the pandemic thesis. This would be one to raise on our Discord server so the community can decide if they want it covered :) If you think it's an amazing opportunity the next step would be to shoot holes in that thesis. Value or value trap? Always a good discussion.
Here's something I don't hear you mention. An entire broad sector basically never goes in the same direction all together. Firstly there are competitors vying for a bigger slice of scarcity at the expense of their competition. It means if you invest in all the uranium producers, some will go up, some will go down, others will stay flat just like your portfolio. And them theres upstream and downstream. If the cost of the raw material goes up, extraction companies soar and consumption companies throw themselves off cliffs. It means nuclear power stations want the cheapest uranium they can get. Miners might only find it worthwhile to mine when the same price is as high as possible, which tanks their clients's balancess who actually purchase it. It's a very delicate balance. When the table rocks they'll all go down at the same time and will basically never all go up at the same time. The ones you didn't pick will go up, and the ones you picked will stay flat. It's because they have psychologists in their alumni who knew you would pick what you did.
Charges 60 bps so bit spendy. Tracks the MVIS®Global Uranium & Nuclear Energy Index, the methodology of which would need to be reviewed to see how their selection methods work. Contains both nuclear and uranium plays so more holistic.
We discussed this in our quarterly webinar review which took place last week for Premium subscribers ;) If you're a Premium subscriber, drop us an email anytime with any question and we'll sic our least hungover MBA on it.
I hope these new thumbnails are worth it, they are super ugly IMO, but if the clickrate is higher can't argue.... I liked when you had the olsdchool ones like "One of the Best Dividend Stocks We Own"
Good feedback. We are A/B/C testing three thumbs for each video and choosing the highest CTR. You might notice that our growth has accelerated quite a bit since then, so it seems to be working. Eventually we will move towards a unified "style" where people can more easily identify our videos.
@@Nanalyze the dividend is nice, but my thesis is on President Trump to restarting Keystone XL pipeline again, and get it done this time. Drill baby drill.
@@PresidentBob1989 Always be sure to compare returns to an appropriate benchmark to gauge performance. Have a pre-defined reason to sell as well. Otherwise just hold. :)
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Thanks for the upload! Been here for a while and happy with my URNM investment.
Nice work man. You know what would be interesting? To see how the Sprott Uranium Miners ETF (URNM) compares against their physical uranium trust in terms of performance. That tells us if the risk of investing in miners results in added leverage. :)
@Nanalyze good idea. I have been buying since late 2021.
2 year: SRUUF +52%, URNM +38%
3 year: SRUFF +55%, URNM +42%
In 21 and 23, there was a dividend. The 3 yr annualized return is 1.2%. This should be 47% total gain for URNM over that time.
@@MSportsEngineering Thank you very much for adding some good value around the topic. Intuitively it seems like the physical uranium asset would provide the best risk adjusted reward.
@@Nanalyzeyou're welcome. I agree. I will start looking at where it makes sense to enter a position.
I am half Cameco half sprott, Cameco outperform lately
Good report. I bailed on uranium last year on a decent spike. Took my profit and left it in the rear view.
Glad you enjoyed the piece!
Great to see a little bit of interesting analysis of some balance sheet! I think it is as difficult to make it interesting as it is important to know something about that balance sheet analysis stuff. thx!
Yes we'll work in more nitty gritty details when they're both highly relevant and simple to explain (intuitive). Thank you for the feedback!
Can you do an analysis on Moderna? It’s being hit very hard and I think it’s an amazing opportunity
We've covered them in the past but didn't care for the temporary nature of the pandemic thesis. This would be one to raise on our Discord server so the community can decide if they want it covered :) If you think it's an amazing opportunity the next step would be to shoot holes in that thesis. Value or value trap? Always a good discussion.
Here's something I don't hear you mention. An entire broad sector basically never goes in the same direction all together. Firstly there are competitors vying for a bigger slice of scarcity at the expense of their competition. It means if you invest in all the uranium producers, some will go up, some will go down, others will stay flat just like your portfolio. And them theres upstream and downstream. If the cost of the raw material goes up, extraction companies soar and consumption companies throw themselves off cliffs. It means nuclear power stations want the cheapest uranium they can get. Miners might only find it worthwhile to mine when the same price is as high as possible, which tanks their clients's balancess who actually purchase it. It's a very delicate balance. When the table rocks they'll all go down at the same time and will basically never all go up at the same time. The ones you didn't pick will go up, and the ones you picked will stay flat. It's because they have psychologists in their alumni who knew you would pick what you did.
Great comment here, thank your for taking the time to share your thoughts!
wouod be intersting to see a dive into nuclear energy producers and startups as well
(like VST, OKLO, SMR)
Covered here: ruclips.net/video/JHlVofR_x5g/видео.html
Kameeco and nucleer
(Pens quick note to Joe's speech therapist.)
Nice video, all my best to you sir!
You're most welcome sir!
for the life of me I cannot make out if Joe is just trolling everyone with saying "nukelar"
The world may never know ;)
@@maxbreak147 Maybe he had a soft spot for George W Bush lingo 😝
Daily conedy quota met. Thank you.
We always try to break up the mundane a bit. Finance can be dreadfully boring sometimes.
Goals met, mission accomplished.
$URA - let’s see how that works out
Charges 60 bps so bit spendy. Tracks the MVIS®Global Uranium & Nuclear Energy Index, the methodology of which would need to be reviewed to see how their selection methods work. Contains both nuclear and uranium plays so more holistic.
Hey Nana, sorry to hijack the comments but are you still keeping your BTC allocation at ≈2% ?
We discussed this in our quarterly webinar review which took place last week for Premium subscribers ;) If you're a Premium subscriber, drop us an email anytime with any question and we'll sic our least hungover MBA on it.
Joe is all about risk mitigation, so I'd assume yes, 2%, but give these guys your money. They will save you lots of time on DD
We'll send your commission check in the mail ;) In all seriousness, thanks for the kind words! -Wyatt C.
buying urax
We avoid leveraged ETFs because you pay too much for added risk
I hope these new thumbnails are worth it, they are super ugly IMO, but if the clickrate is higher can't argue.... I liked when you had the olsdchool ones like "One of the Best Dividend Stocks We Own"
Good feedback. We are A/B/C testing three thumbs for each video and choosing the highest CTR. You might notice that our growth has accelerated quite a bit since then, so it seems to be working. Eventually we will move towards a unified "style" where people can more easily identify our videos.
I'm holding 55 DNN and 100 URG
Thank you for the info. This has been noted in our ongoing ledger of "all stocks people are holding ever." ;)
@Nanalyze your video came up in my feed and your video satisfied my confirmation bias for the day 🤣 have a good one! Great video
Thank you sir :)
😂 I just opened new positions on two companies: CJJ and SOBO last week after Trump won.
Saw on South Bow's latest deck they'll consider growing the dividend once dividends as a
percentage of earnings have been reduced to below 100%.
@@Nanalyze the dividend is nice, but my thesis is on President Trump to restarting Keystone XL pipeline again, and get it done this time. Drill baby drill.
@@PresidentBob1989 Gotcha. Ideally they have a bull thesis that goes beyond the next administration's 4-year tenure.
@@Nanalyze Right, but Keystone XL will be a stock jumper. I am currently up 150% this year and would like to continue this trend next year also.
@@PresidentBob1989 Always be sure to compare returns to an appropriate benchmark to gauge performance. Have a pre-defined reason to sell as well. Otherwise just hold. :)
Oklo is a scam imo
You need to be more specific when you make claims like that. Nearly all SPACs screwed over retail investors, but that doesn't mean they're scams.
no plz no roast me
Your request has been granted. You may now enjoy immunity for 90 days after which time we reserve the right to roast accordingly. Carry on good sir.
@@Nanalyze ty ser