What is everyone's thoughts on emerging industries such as Cannabis ? How would one apply aspects of Graham's Principles to emerging markets ? Would investing in a emerging market before it becomes well known be considered an aspect of value investing? In other words, seeing the value of an industry of a company before the market prices its real value ?
Submitted by RodelerYoute. Created on Wednesday 30th January 2019. Updated on Wednesday 6th March 2019.
Same principle as an IPO
Thank you for your forum post, Rodeler!
Graham's advice on Initial Public Offerings (IPOs) should apply to emerging industries as well.
Just as with an unlisted company or an IPO, the people best positioned to take advantage of an emerging industry are probably those who are personally involved with it and have an intimate knowledge of its intricacies.
Update
Please note that Serenity lists nearly 200 cannabis stocks as of Dec 2021, of which about 40 are in the United States.
Thank you for your forum post!