Why this uranium bull sold all his holdings, except one

The nuclear fuel precursor is currently seeing something of a "bubble", but write-off uranium at your peril says Michael Goldberg of Collins St Value Fund. And he’s probably worth listening to, having helped deliver a jaw-dropping 65% (net of fees) in the 12 months to the end of June 2021.

Nuclear power has copped a bad rap, and not only for the obvious calamities that can result – as former residents of Russia’s Pripyat (those who weren’t fatally burned or poisoned by Chernobyl’s fallout, that is) and Fukushima can attest. There are also the political meltdowns often accompanying the “clean” but often problematic fuel source.

In the latest episode of The Rules of Investing , Goldberg details: Why nuclear is a huge but underappreciated theme

His fund’s near-perfect uranium bail-out Why "old energy" still has plenty of life yet A handful of stocks with which he’s playing energy. […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet