When I was working in offshore finance, a friend told me about an obscure mining stock he was investing in.
He shared with me some of the mining reports.
Indeed, it was speculative, but these reports showed the likelihood of a very significant field. Further, my friend was an accountant with experience in the metals industry.
Not the normal sort of thing I invest in. Far too risky.
But in larger portfolios, there is often room for small allocations into more electrifying species…
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Simon is the Chief Executive Officer and Publisher at Wealth Morning. He has been investing in the markets since he was 17. He recently spent a couple of years working in the hedge-fund industry in Europe. Before this, he owned an award-winning professional-services business and online-learning company in Auckland for 20 years. He has completed the Certificate in Discretionary Investment Management from the Personal Finance Society (UK), has written a bestselling book, and manages global share portfolios.