Today, I’m thrilled to share the video of a recent interview on the Italian Channel VisionForex where I had the opportunity to discuss our team’s investment philosophy and uncover potential opportunities in today’s market landscape.
First and foremost, I extend my heartfelt thanks to Giancarlo Dall’Aglio and Francesco Cerulo for facilitating this enriching discussion and to the whole VisionForex’s community for the support. I cannot wait the watch the second part!
At Moat Investing, we adhere to a philosophy we’ve coined as “a modern take on Value investing”. Our approach focuses on identifying solid companies trading at reasonable prices, with a keen eye on avoiding inflated valuations. We firmly believe in the importance of investing with a margin of safety, safeguarding our portfolios against unforeseen risks.
Now, let’s delve into the heart of the matter – the current investment landscape. Amidst the chatter surrounding renewable energies, we’ve found intriguing prospects in an unexpected sector: coal, particularly in the metallurgical domain. Despite the prevailing narrative, certain companies in this sector appear undervalued, presenting compelling investment opportunities.
During the interview, we spotlighted two companies that caught our attention: Alpha Metallurgical Resources (AMR) and Warrior Met Coal (HCC). AMR stood out for its prudent capital management, demonstrating a strategic deployment of free cash flow through share buybacks. On the other hand, HCC offered a more speculative outlook, with promising growth potential driven by strategic investments in high-quality mining assets.
In conclusion, while the coal sector may carry inherent risks, we believe these select companies hold promise for investors with a medium to long-term investment horizon and a balanced risk tolerance. Our team remains vigilant in uncovering opportunities that align with our investment philosophy, seeking value in overlooked corners of the market.
Stay tuned for the second part of the video!