ETFMG Alternative Harvest ETF (MJ)

[MrRhino]

It will be very interesting to see who they bring on and what market cap will be seen as overvalued for this ETF. I usually pick and choose the individual players myself after lots of DD and some finger crossing. Are they all US companies? Is there a bigger fish running this? There is a strength with "lumping together" companies. If/as one or two fail and 4 or 5 succeed the offset or drop is absorbed.
The herd instinct might come into play here with the beginning investor not wanting to put money into individual baskets. The old safety in numbers thought. "A first runner is an interesting thought" Look what is happening to Namaste NXTTF being considered "First to the mkt."
Interesting to say the least. Hope I don't watch too long and then say, "You know, I was going to invest in that when it was selling for....
Ian AKA: MrRhino