تحميل "Exploring the Uranium Bull Thesis and Structural Uranium Supply Deficit with Mike Alkin"

In this episode, we are joined by Mike Alkin, Chief Investment Officer of Sachem Cove Partners. During the episode, Mike walks us through his origin story of getting into Finance, and how he was originally a short seller on Wall Street. He then explains coming across Uranium and how he approached it from a short-selling perspective, and during his research actually became more bullish on the sector. Mike Alkin believes there is a fundamental supply gap within the uranium market, asserting that optimistic forecasts from industry experts are still failing to gauge the extent of this deficit. Furthermore, he expects uranium prices to rise in the future and highlights the insufficiency of current price levels to stimulate production adequately. Mike walks us through how this uranium cycle compares to the last cycle, the new bi-partisan political support for nuclear energy, the uranium buying process, geopolitical challenges that could impact supply, the nuclear fuel cycle, and much more. He rounds out the interview by sharing his bear case for uranium and what could potentially derail his thesis. 0:00 – Intro 1:14– Mike’s origin story & finding uranium 8:05 – Uranium deficit & previous purchasing cycles 12:15 – Focus on math, not narratives 16:30 – Comparing this cycle to the last cycle 23:00 – Supply & Demand + Nuclear fuel cycle 31:32 – How nuclear fuel buyers approach uranium 35:45 – Uranium inventory levels 44:00 – Geopolitical risks 47:25 – The bear case for uranium 54:25 – How to get exposure to the space FOLLOW MIKE ALKIN: - Website: https://www.sachemcove.com/ - Twitter: https://twitter.com/FootnotesFirst FOLLOW THE SHOW: - Understanding Macro Twitter: https://twitter.com/UMacroPodcast WHERE TO LISTEN: - Website: https://www.understandingmacro.com/ - Spotify: https://open.spotify.com/episode/4pWrO470rwm3HzmqSHgAfT - Apple: https://podcasts.apple.com/us/podcast/ump-episode-20-exploring-the-uranium-bull-thesis/id1679172910?i=1000624101413 ABOUT THE SHOW: Welcome to the Understanding Macro Podcast, where we explore the intersection of technology, macroeconomics and financial markets. Each week we aim to bring you thought-provoking conversations with our expert guests or introduce you to new concepts to help make you a better-informed investor. Whether you’re just a finance nerd like myself, a seasoned investor, or simply interested in how the macro economy affects your daily life, Understanding Macro has something for you. **Nothing in this show is intended to be investment or financial advice. This content is for entertainment & educational purposes only. Please consult a financial advisor before making any investment decisions**.