Boom and Bust – Is it time again?

Key insights from our monthly letter - Elements, March 2024

• The top 10% of all American stocks have not been valued at over 75% of the market value of the entire exchange since 1929 - Boom and bust - Is it time again?
• All great fortunes have been created by those who bought cheaply - Right now, there are great opportunities to buy cheaply in the commodity sector.
• The Swedish government has appointed a rapid investigation to explore the possibilities of allowing uranium mining in Sweden - We invest in uranium mining companies in AuAg Essential Metals, and one day, we hope to have a Swedish uranium company in the fund.

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