I started getting excited about Lithium this summer, specifically its necessity for building electric vehicles. I think EVs are not a fad – they will completely change the way the world travels and transports in our lifetime. The best part is, you don’t have to wade into the Tesla controversy or try to identify which automobile manufacturer will make the jump from combustion engine to battery power. No need to pick a winner between Benz, BMW, GM etc.
Because the automakers are all standardizing on lithium ion batteries. My solution: Skip the OEMs, own the lithium production.
In a post this July, I explained why I was buying some Albemarle Corp (ALB) – the closest thing to a US pureplay I could find on the metal. It seems as though this idea has now gone wide. My favorite little indie band has now been discovered 🙁
Obviously I’m not sad sad. It’s going up. The problem is, there’s a ton of hot money coming into the name via the Lithium ETF, which I also discussed. According to ETF.com, LIT has now managing $530 million split among just two dozen stocks. $305 million has come pouring into the fund since the year began.
This means a lot of volatility – more than before – coming into my precious Albemarle. Fortunately, the hedge fund guys haven’t gotten here yet. That’s when a great momentum story really gets ruined. I’ll let you know as soon as some bellicose know-it-all from Greenwich starts demanding board seats.
So do I stick around, knowing that a nice quiet winner is now going to be in the spotlight? Well, I didn’t abandon Mondo Cozmo when he went from playing the Mercury Lounge in February to hitting all the stadiums and festivals this summer (look at this – I’m front row! Impossible now!)
And I’m not about to abandon my lithium stuff either. I’m thinking in terms of decades, not weeks or months, on this one.
[…] Find More on|Find More|Read More Infos here|Here you will find 51296 additional Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More here|Read More|Find More Infos here|Here you can find 39558 additional Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Find More on|Find More|Read More Infos here|Here you can find 97609 additional Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Find More on|Find More|Read More Informations here|Here you will find 79670 more Informations|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More on|Read More|Read More Infos here|There you can find 4468 additional Infos|Informations to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More here|Read More|Find More Informations here|Here you will find 64621 more Informations|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More on|Read More|Find More Infos here|Here you can find 70771 more Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More here|Read More|Read More Informations here|Here you can find 78123 additional Informations|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More on|Read More|Find More Infos here|Here you can find 31158 more Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Read More here|Read More|Find More Infos here|Here you can find 86777 additional Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Find More here|Find More|Find More Infos here|Here you will find 77214 additional Infos|Informations on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Find More here|Find More|Find More Infos here|There you will find 47783 additional Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
[…] Find More here|Find More|Find More Infos here|There you can find 18036 additional Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
Get a Full Investor Curriculum: Join The Book List
Every month you'll receive 3-4 book suggestions--chosen by hand from more than 1,000 books. You'll also receive an extensive curriculum (books, articles, papers, videos) in PDF form right away.
… [Trackback]
[…] Find More on|Find More|Read More Infos here|Here you will find 51296 additional Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Read More here|Read More|Find More Infos here|Here you can find 39558 additional Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Find More on|Find More|Read More Infos here|Here you can find 97609 additional Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Find More on|Find More|Read More Informations here|Here you will find 79670 more Informations|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Read More on|Read More|Read More Infos here|There you can find 4468 additional Infos|Informations to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
https://bucks-money.com/
https://bucks-money.com/
… [Trackback]
[…] Read More here|Read More|Find More Informations here|Here you will find 64621 more Informations|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Read More on|Read More|Find More Infos here|Here you can find 70771 more Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Read More here|Read More|Read More Informations here|Here you can find 78123 additional Informations|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
Great xxx collection
for free
… [Trackback]
[…] Read More on|Read More|Find More Infos here|Here you can find 31158 more Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Read More here|Read More|Find More Infos here|Here you can find 86777 additional Infos|Infos on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Find More here|Find More|Find More Infos here|Here you will find 77214 additional Infos|Informations on that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Find More here|Find More|Find More Infos here|There you will find 47783 additional Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]
… [Trackback]
[…] Find More here|Find More|Find More Infos here|There you can find 18036 additional Infos|Infos to that Topic: thereformedbroker.com/2017/09/19/okay-so-my-favorite-band-got-discovered/ […]