News & Views

News & Views

When Doves Cry (Oct 2014)

David B. Iben, CFA discusses why we believe that valuation is the key determinant of risk (permanent loss of purchasing power) and why short-term price fluctuations are not risk, but are an annoying, often painful, creator of opportunity. While When Doves Cry reminds us of the Fed’s cooing over taking the risk out the marketplace, Prince’s apocalyptic anthem, 1999 will be used as a medium to lay out quite a bullish case for active management.

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The Saddle Ridge Hoard (Jun 2014)

Following the story of a California couple who stumbled on a coffee can filled with treasure, David B. Iben, CFA discussed the idea that investors often obsess over the wrong type of “risks’ and why this error in judgement presents outsized money-making opportunities.

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The Wizard of Oz (Nov 2013)

David B. Iben, CFA, uses the classic tale, the Wizard of Oz by L. Frank Baum, as a parody of the world’s central banks, elected representatives, Neo Keynesian academics and the rest of the central planners and why we at Kopernik plan to forsake easy gimmicks and follow the yellow “BRIC” road.

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My Fair Lady (Jul 2013)

My Fair Lady, (MFL) has been reprised many times over the decades. It started as Pygmalion in London, later coming across the Pond as MFL, and as many versions continued to be cast on various stages throughout the world, it was adapted for film and became a popular, award-winning movie. Therefore, it seems in the spirit of things to reprise my Commentary from four months ago.

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The Greater The Suffering, The Greater The Peace (Jan 2022)

In his latest commentary, Kopernik analyst and co-portfolio manager for the International Strategy, Mark McKinney, compares the actions of the U.S. Federal Reserve and the resultant inflation and choppy investment environment to the dangerous aspirations of villains in Hollywood spy films and how Kopernik is actively managing our investments through “the greater suffering.”

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Lord make me green…but not yet (Nov 2021)

In his latest commentary, “Lord make me green…but not yet”, Kopernik Analyst Steve Rosenthal discusses a range of factors that handicap “net-zero” emission pledges around the world. While this ambitious goal will hopefully materialize, there resides a paradox in achieving it at the rate and extent we want/need.

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At What Cost? (Sep 2021)

In his latest commentary, Kopernik analyst and co-portfolio manager for the International Strategy Mark McKinney uses Thomas Sowell’s classic question “At what cost?” to articulate potential unintended consequences of finding solutions to current economic challenges.

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The Nine Most Terrifying Words in the English Language - Part 2 (Apr 2021)

As a follow up to his last commentary, Kopernik Analyst and Co-portfolio manager for the International Strategy Mark McKinney furthers the discussion that “help” from the government will create more economic harm than benefit, specifically as it relates to inflation.

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The Nine Most Terrifying Words in the English Language (Jan 2021)

In his latest commentary, Kopernik Analyst and Co-portfolio manager for the International Strategy Mark McKinney describes how the “help” from economic policymakers and government officials has historically and will continue in the future to create more harm than benefit economically and societally.

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Fed Bug (Aug 2020)

In his latest commentary, Analyst and Portfolio Manager Mark McKinney discusses the rise of a new group of believers in the omnipotent power of the government and central banks, affectionately nicknamed “Fed Bugs,” who believe that printing more money will solve society’s problems. He argues that these Fed Bugs are missing the point: economic logic always wins in the long run.

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Bloor Street Capital Nuclear & Uranium Conference - Featuring Alissa Corcoran - March 3, 2023

Deputy CIO Alissa Corcoran spoke at the Bloor Street Capital Nuclear & Uranium Conference, where she discussed opportunities in global markets and how Kopernik approaches investing in uranium. Watch Alissa’s full interview here, beginning at 1:19:07.

 

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Kopernik in Conversation with Value Investor Insight - February 28, 2023

Today's market environment is leading to extreme discounts in select assets, presenting an increasingly interesting set of opportunities. Kopernik CIO Dave Iben and Deputy CIO Alissa Corcoran recently sat down with Value Investor Insight to discuss where these opportunities are and how Kopernik’s philosophy and investment process are poised to capitalize on them. Dave and Alissa explore several themes including:

1. The importance of scarce, necessary assets in the commodities space
2. Specific opportunities in emerging markets, agriculture, and gold miners

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Welling on Wall St. Profiles Kopernik: Provocative, Patient, Contrary - February 24, 2023

CIO Dave Iben and Deputy CIO Alissa Corcoran sat down with editor Kathryn M. Welling of Welling on Wall Street for a profile on Kopernik. Read the full interview for more insight into the investment opportunities we’re finding in emerging markets and why we continue to enjoy being contrarian, patient investors.

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BNN Bloomberg TV - Featuring Alissa Corcoran - February 7, 2023

Kopernik Deputy CIO Alissa Corcoran appeared on BNN Bloomberg TV to discuss the advantages of investing in gold, how she’s evaluating unique value investment opportunities, and the impact of Newmont’s bid for Newcrest. You can watch Alissa’s interview here.

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In it to Win it Podcast - Featuring Alissa Corcoran - February 16, 2023

Deputy CIO Alissa Corcoran sat down with Steve Barton, host of the In It to Win It podcast, to discuss value investing, inflation, emerging markets abroad and analyze the trends in commodities such as gold, platinum and uranium. Listen to Alissa’s full interview here.

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Bloomberg TV - Featuring Alissa Corcoran - January 11, 2023

Kopernik Deputy CIO Alissa Corcoran appeared on Bloomberg TV to discuss commodities—specifically the supply of real assets like copper, the advantages of investing in gold, and the favorable gains Kopernik has seen in the energy sector. Alissa’s full interview with Bloomberg can be found here starting at 26:33.

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