InvestorsHub Logo

ganjaog

04/17/15 8:47 PM

#3930 RE: vapork #3929

This pot wave we have is just the beginning of the End of Prohibition. In the book "Money" by Tony Robbins he points out that Sir John Templeton became a billionaire by borrowing $10k and bought all the stocks on NYSE that are $1 and less even a bad one during WWII. BOOM, he said that the best time to buy is during the time of pessimism because everyone so scared that the companies are trading so cheap. There is definitely asymmetrical correlation with what is happening with POT stocks.

Since we are so early at the stage of legalization, so many investors are trying to throw money at whatever put themselves on the front line even if it is so freakin bad or does not have a business yet. So do you want to invest when everything happy and glory or during right now when everyone is half wet and half dry? Early birds always get the worm.