I’m writing to you today from the W Hotel in Beverly Hills, California. I’m here to meet with a bunch of start-ups in what The New York Times calls the “fastest-growing industry in America”… The Marijuana industry.
A few days ago, Kellogg’s — the company behind iconic brands like Fruit Loops, Frosted Flakes and Pop-Tarts — gobbled up a tiny start-up for $600 million. The start-up’s name is RXBAR.
To me, and to most people my age, M&Ms are a chocolate candy… But if you say the word “M&M” to young music fans, they don’t picture a treat… They picture a hip-hop artist named Eminem.
Let’s say you bought some shares of Amazon a year ago… With the stock up nearly 20%, you decide to take your profits. So you log into your brokerage account, click “sell” — and in a flash, your shares are sold on the Nasdaq and turned into cash.
Recently, a woman named Koushi Sunder walked into a fascinating new type of store. At first she was excited… But her emotions soon turned to disappointment — and then dread.
As recently as a few years ago, I relied on just two tools to build my wealth: My E*TRADE account to trade stocks, bonds, and ETFs… And my personal network to find high-potential start-ups to invest in. But recently, I’ve added a third tool to my arsenal.
It’s been a great summer for blockbuster movies: Wonder Woman… Spider-Man… Atomic Blonde — combined, these three films have done $765 million at the box office. But last weekend, after seeing Spider-Man at a deserted drive-in, I started thinking about the movie industry’s past, as well as its future.