/biz/ - Business & Finance

>>16452541
>they are struggling to become profitable companies
This is due to the legal framework under which Canadian companies must operate. Similar situation in California. It's also why weed should be treated strictly as a speculative bubble (if it inflates again) as I think the long term prospects of the industry will revolve around highest volume production at lowest production cost, with maybe two or three surviving companies running the entire show. The margins on macro scale will be slim. In other words, ride it as best you can and get the fuck out before it turns on you.

Any anons in VBIV atm? Averaged at $0.80, wondering if I should get out at break even if it gets there tomorrow?

>>1509282
From October 2015 until like early January I messed around a bit in DWTI (3x inverse crude oil ETF) but I've stayed away from it all year.

>>1501743

Currently taking a course in micro and took macro over the summer.

For macro, we used Greg Mankiw's Principles of Macroeconomics (9th Edition), which i Couldn't find an exact PDF for (with the right edition), but I recall finding old ones when I was looking for one at the time. Solid textbook

I'd also recommend Thomas Sowell's Basic Economics, very good IMO. It's pretty right wing as far as economics goes and I haven't personally read it, but I've read other Sowell and it's pretty good.

Elaborate on the STEM meme? My parents told me i should double major STEM-Econ but I'm more interested in Econ.