One of the hot topics for investing this year has been how to access the expanding market for legalized marijuana. Trend followers have excitedly bid pot stocks up, then down, then up, then down again in the hopes of striking it big. As a result, the public companies that focus on marijuana have been spectacularly volatile over the course of 2018.
It is a well-known fact that coin collectors are the alpha males of the collectible community. And, of course, the most masculine medallion anyone could possess is a 18th century Russian beard token. For you see back in 1698, Czar Peter I implemented a massive scheme to rapidly Westernize his rural Russian subjects.
With office Christmas party season approaching, we thought the following rather obscure word might be of some future use to our readers:
Latibulate (verb): to hide in a corner at a party or social event. From the Latin word for a hiding place latibulum.
Paying "up for growth” is something that we have heard quite a bit in the past few years. Put simply, it means that an investor must pay more for each unit of earnings or revenue in a high growth company compared to an established mature company.
A stuffed-animal tea party has been an important ritual for little girls for generations, but if the latest data from Great Britain is to be believed, this tradition is setting up our children for a lifetime of horrible pain and suffering. Because according to the National Health Service, last year 39 people in the UK were admitted into emergency rooms with tea-cozy related injuries.
Throughout the years, Hollywood has consistently revamped Count Dracula and re-monstered Frankenstein in attempts to satisfy the public's desire for scary movies. However, these constant remakes mean that several fearsome creatures have yet to be featured in their own frightening films. Take for example the Monroe Monster of 1965.
There can be confusion when reports of great economic growth are met with stock market volatility. It is always important to remember that the stock market is forward looking, while reports of GDP growth are backward looking. We talked last week about “peak earnings”, and how that may or may not come to pass.
If you ever found yourself saying, "Hmmm ... yet another day has passed and I did not use the quadratic equation once ... very interesting ", then you might question the value of all that algebra you were forced to learn in high school and college.