The Idiot Investor

Investing research, opinions, idiot. Industries of focus: cannabis, video games, payments. Mostly cannabis.

Not financial advice (clearly).

[The Idiot Investor @TheIdiotInvests]

Around we go again with #SAFEBankingAct

[The Idiot Investor @TheIdiotInvests]

@kschischang

[The Idiot Investor @TheIdiotInvests]

@kschischang New spicy chicken nuggets are HOT 🥵

[The Idiot Investor @TheIdiotInvests]

@WeedStreet420 Cant lose cash if you got none in the bank

[The Idiot Investor @TheIdiotInvests]

@kschischang Far shorter than I

[The Idiot Investor @TheIdiotInvests]

@kschischang Hey bro!

[The Idiot Investor @TheIdiotInvests]

@todd_harrison @empax1

[The Idiot Investor @TheIdiotInvests]

In an attempt to be new finance, crypto has made the same mistakes as old finance.

[SBF @SBF_FTX]

1) I'm sorry. That's the biggest thing.

I fucked up, and should have done better.

[The Idiot Investor @TheIdiotInvests]

@stock_mj I took a big no on this company when I saw the investor deck. All flash and no substance.

[The Idiot Investor @TheIdiotInvests]

@Gatsby9111902 @stock_mj @JoeBiden Id rather have a party for it and unable to do anything than a party with leadership actively against it.

[The Idiot Investor @TheIdiotInvests]

@stock_mj @JoeBiden The trick is passable, since it hasn't gone to a vote in the senate, we don't know. We do know that it wasn't getting through Rs on the NDAA. So "passable" is up in the air.

[The Idiot Investor @TheIdiotInvests]

Thoughts:
Tailwinds - clarification on classification at federal level, could make federal reform easier and faster + lead to dem control of houses
Headwinds - current market has less money/risk tolerance so less upside, could result in no change + long time to fruition

[The Idiot Investor @TheIdiotInvests]

@GoBlueCdn At least its a move in the right direction. Even if the timing is political, the action is correct.

[The Idiot Investor @TheIdiotInvests]

@stock_mj If it lowers energy prices and drug prices, those are 2 factors that would lower inflation. But that remains to be seen. Big pharma is damn effective at keeping prices up.

[The Idiot Investor @TheIdiotInvests]

@stock_mj Pretty sure she always has Secret Service protection. She just happened to be in a cannabis dispensary.

[The Idiot Investor @TheIdiotInvests]

How to tell someone hasn't been in an ECON 101 class.

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

An Econ 101 test should be mandatory for anyone seeking public office.

[The Idiot Investor @TheIdiotInvests]

At this rate we'll get a 3x leveraged MSO etf next year.

[ETF Hearsay by Henry Jim @ETFhearsay]

New Single-Security ETF (SSE) filed

AdvisorShares MSOS 2x Daily ETF
$MSOX | 0.85% | eff Aug 8

(2x) the daily total return of the AdvisorShares Pure US Cannabis ETF $MSOS

https://t.co/dF4ThfzBO8

[The Idiot Investor @TheIdiotInvests]

Are you telling me that you don't feel like your kids are safe with these guys around?