Alan Bond and Kerry Packer, AXE and VUL

 Alan Bond bought Channel Nine from Kerry Packer at a very high price and then forced to sell later at a very low price back to Kerry.  And so his famous quote...

"You only get one Alan Bond in your lifetime, and I've had mine".

I am experiencing a different Alan Bond moment and I don't think I will ever get another TWO.  AXE is up 16x and VUL is up 40x. Most of the rise was over 20 months although I have owned the former for 10 years.  It is very surreal.  My fear is... will it be sustained?

 Yesterday, I experienced the biggest rise in the total value of our portfolios.  But what is even more satisfying is where the rise came from.

For our portfolios to outperform, the big guns have to be blowing their tops.  They were VUL, AXE, PBH, WHK and APT.  APT already had its big jump a few days ago (Square announced a takeover) and VUL had a more recent rise too from a good technological update.

However, I have to say that the most delightful jumps were in HCH and LKE.  Why?  HCH fits my modus operandi in investment strategy.  When a miner discovers more and more valuable minerals, you top up your holding when few want it.  But there is a limit to faith in that stock because tying your money up in 'non-performing' (in term of market cap) stock is not rewarding.  My top-ups slowed but I knew a day will come when a big boy (Glencore) will turn up and invest in it.  I never sold it off.

LKE represents a new bunch of miners who are fully aware of the zero-carbon tag.  Already VUL has soared, but here is another lithium miner coming.  My local newsagent suggested this stock  to me and it has already gone up by net >20% in 10 days, including the 2 top-ups.