Published on: September 17th, 2018 • Duration: 25 minutes
James Rasteh of Coast Capital Management is a deep-value investor who has turned his sights on the gold miners. He points out that these stocks have destroyed billions of dollars in capital, and have chronically underperformed the gold price, even during rallies. According to Rasteh, the managers are the problem, and yet they have paid themselves millions. He says it's now time for a change. Filmed on September 11, 2018 in New York.