If you don’t have anything nice to say, don’t say anything at all.

Fahy Capital Management has weathered the downturn well, with a loss of a mere 2.6%.

And because we are unwilling to buy without a true margin of safety — a function not only of the fundamentals, but more importantly, of price — odds of catastrophic loss are exceptionally low in most scenarios, including the current one.

Our hedges have been productive, enabling us to build a significant cash position that we are eager to put to work: https://www.fahy.co/uranium-the-downside-probabilistically-speaking/ | https://www.fahy.co/that-time-you-shorted-the-dow/

The majority of our predicted downside targets of 1/13/2020 have been reached for the major indexes: https://www.fahy.co/indexes-projected-crash-levels/

Our predicted extreme bear scenarios of 1/13/2020 in uranium names have played out: https://www.fahy.co/uranium-stocks-extreme-bear-scenarios/ | https://www.fahy.co/uranium-now-the-real-carnage-can-begin/

The predicted cycle death trajectory for uranium juniors is nearly complete, and a number of names may be bought with a margin of safety that will not result in ruin (Cameco remains an exception): https://www.fahy.co/cycle-death-and-the-uranium-junior/

Speaking of Cameco, we are still sitting on the sidelines, waiting for a move lower to 4.25: https://www.fahy.co/ccj-cameco-and-the-japanese-overhang/ | https://www.fahy.co/uranium-timer/

Our exit of platinum turned out to be timely: https://www.fahy.co/sbgl-sibanye-the-end-of-the-road/

We don’t play with other people’s money, so we don’t have to worry about redemptions.

We can sit tight and strike when the time is right.

And we will strike!

4 Comments

Thank you for your work. You are one of the rare people who I truly find worth following.
While I understand the reason you quit twitter Im bummed that you did, but glad that we can still follow your work here at fahy.co 🙂

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