Lecture Notes: Making Money in the Market

Introduction

• Speaker focuses on opportunities in the current market.
• Emphasis on personal responsibility to make fortunes.
• Importance of individual effort over reliance on political figures like Trump or Trudeau.

The Market in Vancouver

• Advantage for those living in or near Vancouver:
  • Proximity to market activities and resources.
  • Access to key industry figures and information.
• Warning against investing based on narrative rather than fact.

Junior Business and Investment

• Global public companies in the junior sector: Approximately 3,000.
• Many are considered "valueless," few generate positive returns.
• Importance of distinguishing valuable investments from poor ones.

Investing in Gold

• Gold traditionally does well when there's concern about fiat currency devaluation.
• Historical performance: Gold increased from $250 to $2,700 over 25 years.
• Potential for future growth due to economic conditions.

U.S. Economic Concerns

• U.S. debt: $36 trillion on-balance sheet, $100 trillion off-balance sheet liabilities.
• Growing concerns about the sustainability of current fiscal policies.
• Historical precedent from the 1970s suggests possible future trends.

Investment Strategies

• Importance of mathematics and probabilities over narratives in investing.
• Encouragement to leverage local advantages for investment insights.
• Need to identify and partner with successful individuals in the industry.

Gold Ownership Statistics

• Gold and related assets under-owned in the U.S. (0.5% of market share).
• Potential for increased demand and price increase.

Access to Industry in Vancouver

• Opportunities to engage directly with industry leaders and innovators.
• Importance of conducting due diligence and understanding valuations.

Mistakes to Avoid

• Avoid investing based on glamorous narratives without substance.
• Understand the true value of assets before investing.

Conclusion

• Encouragement to utilize access and opportunities in Vancouver.
• No excuse for not making significant profits in the next five years.
• Offers further resources and engagement through the speaker's website.