News & Views

News & Views

David (Dave) Iben CFA

David Iben is the Chief Investment Officer of Kopernik Global Investors and is the sole Portfolio Manager of the Kopernik Global All-Cap strategy, Lead Portfolio Manager of the Kopernik Global Unconstrained strategy, Co-Portfolio Manager of the Kopernik Global Long-Term Opportunities strategy and Co-Portfolio Manager of the Kopernik International strategies. He is the Managing Member, Founder and Chairman of the Board of Governors of Kopernik Global Investors.

More

Sedona

In his new commentary, Kopernik CIO Dave Iben summarizes many of his thoughts on the current inflationary environment and gives examples of how this has benefited value investors. They now figuratively have the wind at their backs.

More

29 Palms

In his newest commentary, Kopernik’s CIO Dave Iben draws inspiration from Robert Plant and the deserts of Morocco to discuss the Fed’s printing press, the Cantillon effect, and the value Kopernik is finding in scarce, undervalued, useful assets.

More

Calypso's Market

With so much anxiety about the current euphoria in the market, we thought it was a good time to send out a little stocking stuffer with some of our thoughts. In a nutshell, we reach back into Greek mythology to explain why we believe that people are buying great companies but at the wrong prices. Of course, some are buying hopes and dreams at ridiculous prices as well, but that is a story for another time. More importantly, in our opinion, the real-money making opportunities lie elsewhere. This gives us hope as 2020 merges into 2021. Wishing you a Happy and Healthy New Year.

More

Making Plans for Nigel

Our most recent commentary explores why the "Big Brother" interpretation of the British post-punk band XTC's song "Making Plans for Nigel" reminds us of the inevitable increase in angst that is being felt, in no small part due to a decade of QE monetary policy. One can only imagine what will eventually be felt as a consequence of QE-infinity. We discuss how our current era of palpable angst is similar to that of the late 1970s, which was the cyclical end of a period of high inflation, of big government, and the bull market in commodities while also the beginning of a super cycle in stocks and bonds. While the current era is likely another major inflection point in the markets and the end of all those cycles, the silver lining is that the valuation divide between expensive and attractively-priced stocks has probably never been this wide, making it a great time to be a bottom-up, value-conscious investor.

More

Pages

Kopernik Perspective: Uranium (August 2020)

In this update of our 2017 white paper, analyst Steve Rosenthal discusses Kopernik’s perspective on uranium, its unique properties, and the global opportunities Kopernik is currently seeing in the industry.

More

Is This An Inflection Point For Passive Management?

In this June 2020 white paper, analyst Taylor McKenna explores the similarities and differences between active and passive management strategies. He argues that passive management strategies, such as ETFs and closet indexers, cannot replicate a more active approach. Using the metaphor of a thoughtful baseball manager, Taylor suggests that active management adds value to an investment strategy.

More

Kopernik Perspective: Gold (July 2020 Update)

In this update of our 2015 white paper, analyst and Director of Research Alissa Corcoran, CFA discusses Kopernik’s view on gold, its unique history, and the global opportunities Kopernik is finding in the industry.

More

The Subtle Art...

Mark McKinney, CFA, Kopernik Analyst and Portfolio Manager discusses the opportunities that volatility can offer and why Kopernik focuses on long-term performance. Mark uses the popular 2016 self-help book by Mark Manson to offer interesting insights and applicability in the investment world.

More

Kopernik Perspective: Uranium

Stephen Rosenthal, CFA, Kopernik Analyst, discusses Kopernik's view on Uranium.

More

These Go To Eleven

Mark McKinney, CFA, Kopernik Analyst and Portfolio Manager discusses the current macro investing environment in Japan, the EU and the US, by drawing parallels to the classic movie quote "These go to eleven" and how that helps Kopernik and the opportunity set we could provide over time

More

Pages

BNN Bloomberg - We're calling for a $75 barrel of oil | Alissa Corcoran - March 10, 2021

Kopernik's Director of Research Alissa Corcoran went on BNN Bloomberg to discuss Kopernik's current incentive price for oil, and the big investing opportunities she's seeing in gold and uranium, which she feels continue to be undervalued. Watch the full segment here.

More

Event: The Antidote to Correlation Webinar - ESG

On March 30, 2021, Kopernik's President Neda Yarich hosted a discussion on Environmental, Social, and Governance (ESG) with Chief Investment Officer and Lead Portfolio Manager David Iben and Director of Research/Analyst Alissa Corcoran. 

Presentation: Antidote to Correlation E.S.G. Webinar

Video Replay: Antidote to Correlation E.S.G. Webinar

More

Barron's Penta: Future Returns: Investing Beyond the S&P 500, featuring Kopernik CIO Dave Iben - March 30, 2021

Kopernik's CIO Dave Iben spoke with Barron's Penta for a column on why investors should consider opportunities outside the S&P 500, and why becoming an "international bargain hunter" is a great first step. Read the full story here.

More

BNN Network - Commodities Primed for a Price Surge | Alissa Corcoran - February 4, 2021

Kopernik's Director of Research Alissa Corcoran went on BNN Bloomberg to discuss why commodities like uranium and gold have been underappreciated (partly due to momentum stocks), why the price of each will need to increase, and her key sector picks including Cameco and Centerra. Watch the full interview here.

More

Barrons Feature Story on Commodities with Kopernik CIO, David Iben - January 1, 2021

Kopernik Founder and CIO Dave Iben was included in a Barron's feature story, where he spoke with the publication about the buying opportunities he's currently finding in commodities like uranium, energy, and more. Read the full story here.

More

Barron's "Top Income Investments of 2021" with Dave Iben - December 31, 2020

Kopernik Founder and CIO Dave Iben recently spoke with Barron's for the publication's "Top Income Investments of 2021" cover story, where he discussed where he's currently finding value opportunities overseas. Read the full story here.

More

Pages