Ah, Cannabis, to be or not to be?
A student, John, in my computer architecture class talked to me about buying stock in the Cannabis industry in light of the Coke Cola announcement that it will be going to the business.
My postdoc student owns CHHE, which is trading to think that it not a valid investment.
https://www.marketwatch.com/investing/stock/chhe
Tuesday, September 18, 2018
BHC, ANET, Markel, and the old BRK.A
All interesting, but the stock market is now overvalued. Need to decide when to sell off. The month of Oct is usually not a best time for stock. So may be the end of Sep?
Back in the saddle of investment
2016-2018 is best, and alas, the worst, of time. Other than the "grand journey" to Mt Sierra, I put a few mils in BHC (the old Vealean) at $33 expecting a quick recovery to about $100, it did not happen. It actually dropped to $11!!!! Now is back to about $24, still not happy but it has some hopes.
Bought the ASHR in 2016 expecting the Chinese stock will double in a couple of years because the real estate investment in China has over-inflated the price. Well, I did not expect the love for real estate is so strong and Trump will engage the trade war with China. How pointless and sad.
Bright Spots
- google price has doubled over the same period of time.
- sold the Sonoma/Seaside property at $330 and doubled my money back
- bought Gonzalas property at 20% below market and receiving 7% return.
Now the kids are going to college, I should have more time to spend on investment. Really not for the money, it is, just like Buffet said, for keeping scores. My lifestyle is simple enough that anything over $200K per year is not going to make any difference. But if I can $2M per year, that will be different ;)
Bought the ASHR in 2016 expecting the Chinese stock will double in a couple of years because the real estate investment in China has over-inflated the price. Well, I did not expect the love for real estate is so strong and Trump will engage the trade war with China. How pointless and sad.
Bright Spots
- google price has doubled over the same period of time.
- sold the Sonoma/Seaside property at $330 and doubled my money back
- bought Gonzalas property at 20% below market and receiving 7% return.
Now the kids are going to college, I should have more time to spend on investment. Really not for the money, it is, just like Buffet said, for keeping scores. My lifestyle is simple enough that anything over $200K per year is not going to make any difference. But if I can $2M per year, that will be different ;)
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