Supposedly the next wave of huge runs is supposed to come from Artificial Intelligence. There are going to be gains that will actually make our first Trillionaires according to Mark Cuban. Think about the new computers programmed to LEARN instead of just performing programmed functions. Self driving cars ,robotics etc....

The next 3 years is the window for HUGE gains in this sector.
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Self driving cars and robotics exist without AI. It's pretty much just a route with collision avoidance or a set of instructions respectively.

As with Self Driving cars I would anticipate that the lawyers will have to get out of the way before any of the good shit can happen.

Here is what is holding up the ag industry on self driving tractors. That shit is easy and they could do it right now with the technology already in the machines. But with current setups there is a screen you have to clear every day that says, "operator is responsible for collision avoidance." Problem being that if the operator isn't around for collision avoidance, who is? Well you will be relying on Technology in the tractor. Which is fine. Doesn't have to be anything spectacular there isn't a lot out in the field.

Problem is that if a tractor hits something, whatever it is, some
Douchebag kid that got drunk and passed out in a field because they listened to some shit country music song, whatever. Someone gets hurt and there is no operator all liability will fall with the manufacturer. And mother Deere won't stand for that.

Therefore the lawyers have to get out of the way first. I'd imagine it is the same with GM Ford whoever for the self driving cars. It also makes sense that it would transfer to AI too. Company makes machine that thinks independently. Damage occurs from machine. Who is there to blame? Manufacturer.

Maybe if you're looking for a stock, figure out which ones have the best lawyers.
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You're better than this cowboy. You have to know Scotts is more than just fertilizer.

They're associated with weed due to their hydroponics research and expansion in this area. Still a small part of their company makeup but expected to get bigger.

https://www.google.com/amp/s/www.foo...racle-gro.aspx
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I'm a shit cowboy. Corn doesn't break down fences or charge your ass.

Only thing I've known Scott's for is yard shit. I didn't even think about hydroponics. Shows how much I know about weed. I'd learn if Kansas legalized it though. I need to sell something that is worth some fucking money.
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Self driving cars and robotics exist without AI as of now but over the next 3 years they are going to be enabled to learn, thats where the next wave is supposedly taking place.
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Limiting manufacturer liability will still be the main impediment to getting this stuff to market.
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Facebook just had to shut down an AI test project as the computers started talking to each other in their own language they made on the fly! No one knew how it happened and what it meant. That's some crazy shit right there. :-)
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I will be impressed if computers can go a day without bos
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Well so much for me purchasing that Marijuana ETF.

It's only offered on the Toronto Stock exchange and TD Ameritrade does not allow trading a foreign exchange.

It's the first of it's kind and there's no ETF or Index for the US market for marijuana yet.
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Y'know, I was wondering how American stock markets can trade shares in companies that participate in illegal activity. If banks can't take their money, it seems like people shouldn't be able to invest in them.

Can you buy shares of an individual marijuana company?
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Most of it's medical marijuana companies so nothing illegal about it. Much of it has to do with Canada and the push to legalize across the board there.

But if it's only traded in Canada, many brokerage firms won't allow you to buy shares if you're trading on the US market.

Only Marijuana related purchased this past year for me was UBQU. Which is a loose term given the current direction which is now getting into cryptocurrency. But the company offers a Hemp line product that looked promising so I took a chance with a little bit of money. Total penny stock so it's more for fun than anything. Headquartered in Denver actually.


http://www.marketwatch.com/investing/stock/ubqu

Outside of that, the marijuana market is still very risky with tons of competitors looking to make a splash, no major standouts. Hence me wanting an index or ETF to be slightly less risky while still investing in that sector.
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That answers my question, they must not have the legalities figured out for non legal jurisdictions yet.
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This is another concern I have about investing in that area outside of an etf. There are so many players, even if the industry eventually has widespread legalization, you could pick the wrong company and lose your investment.

Even an extremely broad etf will participate in the loser's losses. Will the gains by the winners be enough to offset these losses enough to make it a worthwhile investment?

That's rhetorical, as there is no etf that encompasses the industry yet. I did see a fund company that lets you create your own etfs, and if others buy it you earn a commission. But that hearkens back to the other issue, none of these companies are tradeable outside of legal jurisdictions.
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Good point. I keep forgetting about the medical market.

I wonder, though, if the companies being traded are only medical. A company selling recreational marijuana is still engaged in illegal activity by most states' definition.

And a marijuana company engaged in cryptocurrency? Nothing suspicious about that at all.
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Look at Lloyd's growth rates over the last 10 years. Yuck! No wonder.


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