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RE: TIB: Today I Bought (and Sold) - An Investors Journal #312 - US Oil Producer, Australian Fixed Interest, Altcoins

in #investing • 7 years ago

Great call in the Cloud play! I wonder if this will give a lift to other players like Workday or Salesforce given the correction. I have also been watching the Cannabis plays that has fallen down the list in the media but have also pulled back despite great potential still out there.

7 years ago in #investing by
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     7 years ago 

    Cannabis plays will separate out in 3 groups

    1. Those that have capacity to meet demand
    2. Those that have cash to build out distribution
    3. Those that continue to add value up the value chain and that avoid being commoditised. Just study any price chart in agriculture to see what happens. Here is corn as an example. The world needs food but it gets cheaper and cheaper because it is easy to make

    Oct29Corn.JPG

    My Red Hat story is a story really of a missed opportunity. I bought it before the dot.com crash first time around - I would have been looking very happy if I had held for the long haul. Coming back to stuff I know was a late move but in time enough, this time

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