War stocks or Hold Money During War?

$ITMF Intermap and $MIND and mind technology

With the horrible situation that started in Ukraine, we are forced to ask do we hold Money During War? Do we sell stocks?

Many of us are forced to rethink our portfolio now that Russia has attacked Ukraine. And finally, it has sunk on me that the smartest move I can do is… nothing. After days of thinking, the same conclusion.

Now I do have a couple of places you could look at that are very interesting if you are more activity incline than and I:

$ITMF and $MIND.

https://www.intermap.com/hubfs/Intermap%20Public%20Deck%20-%2020220201.pdf

https://ir.mind-technology.com/static-files/7b498f87-3f16-4690-affb-848728311b23

$ITMF, a geospatial intelligence company, provides various geospatial solutions and analytics in the United States, the Asia Pacific, and Europe. It offers Data-as-a-Service (DaaS). In simple terms, it scans the earth from space, air, and even drones, then creates a database, think about an incredibly detailed 3d google maps. And they use their staff to give meaning to all that information to be used by insurance companies, 48 national governments, etc. Don’t get this wrong; the value is not in the scans but the interpretation to turn those dots into vectors to make that info useful.

$MIND designs manufacture and sells specialized marine seismic equipment and side-scan sonar and water-side security systems. It operates in the United States, Europe, the Middle East, Asia-Pacific, Canada, and Latin America. 

Both have patented technology; even their stock prices history resembles, at first glance lately.

I’d thought about writing about them before for the monthly paid subscription, since they both have incredible potential for growth, 10x for $MIND and 50x for $ITMF; all they need is one contract with the army. But of course, HUGE “IF” that creates uncertainty… and as they are burning cash the question becomes: Do they have the runway to get from today until they can execute the big plan?  And then your guess is as good as mine. I’d been looking at this for the last year since some people I know have invested in them.

As you can see Id been moving around, and still… the best option so far is to do nothing. I don’t know if that speaks more of a good portfolio or how hard it is to do nothing.

Before we end, let me leave with the oracle of Omaha when he was asked about the Russia-Ukraine conflict and a possible WWIII:

BECKY: When people start to think, "Wow, this could be the beginning of something really bad, it could be even a World War III situation, it could be a return to the Cold War," does any of that ever go through your mind?

BUFFETT: Well, if you tell me all of that will happen, I will still be buying the stock. You're going to invest your money in something over time. The one thing you could be quite sure of is if we went into some very major war, the value of money would go down. I mean, that's happened in virtually every war that I'm aware of. So, the last thing you'd want to do is hold money during a war. And you might want to own a farm. You might want to own an apartment house. You might want to own securities. But during World War II, the stock market advanced over time. American businesses are going to be worth more money. Dollars will be worth less, so money won't buy you quite as much. But you're going to be a lot better off owning productive assets over the next 50 years than you will own pieces of paper, or I might throw in bitcoins.”

Here is the catch this was on… in 2014.

https://www.cnbc.com/2014/03/03/cnbc-transcript-warren-buffett-on-squawk-box.html