Should You Hold NexGen Energy Ltd. (NXE) for the Long Term?

L1 Capital, an investment management firm, released its “L1 Long Short Fund” second quarter 2024 investor letter. Over the quarter, global markets were mixed, with several themes impacting key markets. A copy of the letter can be downloaded here. The portfolio returned 0.7% for the quarter compared to (1.1%) for S&P/ASX 200 AI. Year-to-date the portfolio returned 8.2% compared to 4.2% for the index. Over the past three years, the portfolio return was 11.9% p.a compared to 6.4% p.a. for...