Brian Lenny believes that even among very skilled junior mining investors, the distribution of outcomes is roughly 50-60% winners, several that do nothing, and 2-3 that are losers, making it statistically impossible to succeed if portfolio allocation is poor, even if stock picks are above-average in quality.
factualpending
Speaker
Brian LennyEvidence Quote
“even the best stock Pickers you know like maybe there maybe it's 50 or 60% of the companies they invest in um they're you know really successful in um then they probably have a couple that do nothing and then you probably have two or three that that are losers”
Source
Mining Red Flags, Big Risks, Crashing Stocks, and a Lawyer Turned Junior Mining CEO— Resource TalksCreated: 8/13/2026, 9:53:37 AM
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