A Yearly Checkup with Trulieve Stock
A large brokerage firm once audited their retail investor accounts to see what characteristics could be attributed to high returns. Turns out that patience is not only a virtue, but a great way to generate alpha. The highest-performing accounts belonged to people who forgot about them or had died. Rome wasn’t built in a day, and today’s youthful investor wants to believe that picking the right stonk will land them in new zip code before the trade receipt enters their inbox. Just look at what cannabis investors are asking YouTube.
Cannabis stocks aren’t “working” because of many reasons, one being newbie investors who ask questions like that. Our recent piece titled It’s Finally Time to Invest in Cannabis talked about how only 2% of the shares traded on Canadian exchanges are owned by institutional investors. A large number of inexperienced retail investors is almost guaranteed to result in extreme volatility which can easily be observed today. We only have one dog in the cannabis race, and today we’re going to take her to the vet for a checkup.
Checking in With Trulieve
It’s always good to remind yourself why you invested in a stock, to begin with. We found Trulieve to be one of the more attractive
