Uranium lives!

Posted on Aug 13, 2009 by WHC Bassetti in Letters

(Forever!)

Indeed, like diamonds, uranium is forever.  Messy stuff, but what the hey it looks like it lives as an investment medium.  As everyone knows we don't do fundamental research.  It makes us break out in hives.  Seriously.  It takes so much time and most of the times is misleading or unnecessary.  That is -- how do you evaluate earnings when they lie?  (General Electric just admitted they lied about earnings.)  If you can't trust GE who can you trust?  Ronald Reagan?

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