While the resources boom that saved Australia from the GFC may have subsided, there is no question that global demand for Australian resources will continue. Trends can be tricky though; those who joined the lithium bandwagon have experienced a wild ride.
To discuss some diamonds in the resource sector, Dermot Woods of WestOz Funds Management joins Gemma Dale and shares his thoughts on:
- How he does his research and how investors can gain exposure to this
- His macro view on opportunities in the resource sector and how he believes you can use it as a form of insurance on your cash
- Why he thinks investing in metal stocks are opportunistic due to worldly trends and scarcity of certain resources like Nickel, and
- Why he thinks the lithium boom isn’t over.
If you are pressed for time, consider listening at 1.5x or 2x the usual speed – this can actually improve your retention of information while saving time.