Active investment strategy
Buy what companies can't manufacture products without, not these companies themselves. For example, lithium is used in manufacturing batteries that are used in personal electronics and electric vehicles. Electric vehicles are part of the largest market segment and where the biggest growth is expected. Just consider the fact that a car's so-called "traction" battery needs 50,000 times more lithium than a smartphone. The Tesla Model S needs 52.5 kg of lithium, while the iPhone needs only 1 gram. A huge difference!
Companies such as Tesla or NIO are seeking this resource with all their might. Therefore, I offer you to invest in companies with low P/B economically tied to the lithium industry, including those engaged in lithium mining and battery production.