In this presentation for Cambridge House, I discuss the top mistakes investors make, particularly in mining and resource speculation.

The presentation examines why investors so often lose money by chasing commodity prices, relying on promotion, ignoring management quality, and failing to think independently. In the mining sector, where hope and hype are everywhere, discipline is essential. Investors must focus on valuation, incentives, jurisdiction, project quality, and the ability to distinguish a real opportunity from a fashionable story.

Watch the full presentation below:

Key Takeaways:

• Why investors should not treat mining stocks as simple commodity-price bets
• How promotion and fashionable narratives can destroy capital
• Why management quality and incentives matter in resource speculation
• Why independent thinking is essential in junior mining
• How valuation, jurisdiction, and project quality separate speculation from gambling