Erik Wetterling – Portfolio Rebalancing And Price To Value Reshuffling In Resource Stocks
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to unpack how he approaches portfolio rebalancing and “value shuffling” when investing in junior gold, silver, and base metals mining stocks. He makes the point that price has no meaning unless framed against the value a company is creating, and so if price moves down on no change in value, or value is created with no change in price, that opportunities for changing the weighting or allocation to a particular stock present themselves quite regularly in these volatile markets. Erik discusses knowing your investment goals and style, to construct the appropriate diversification to alpha or beta plays in one’s portfolio, as well as companies that have received 3rd party validation from larger companies or institutions.
Erik discusses a handful of stocks in this interview to illustrate improving price to value ratios he has been noticing after certain market reactions in Lion One Metals (LIO.V) (LOMLF), Nighthawk Gold (NHK.TO) (MIMZF), Ascot Resources (AOT.TO) (AOTVF), Trigon Metals (TM.V) (PNTZF), and Magna Mining (NICU) *
*In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and are also site sponsors of The Hedgeless Horseman website.