Sex, Drugs And Rock & Roll (And More Drugs)
Sex, Drugs And Rock & Roll (And More Drugs) by Zach Scheidt – Daily Reckoning
Did 2,500 people just vanish in Las Vegas?
I couldn’t figure it out!
As I walked down the hallway past the exhibit hall and towards the convention ballroom I didn’t see a single soul. It was like a ghost town!
This week, I’m attending The Money Show in sunny Las Vegas, Nevada. I’ve been to the show many times, and every year I learn something new about a few companies I’m following, about a specific industry, or about new opportunities for investors.
But this time was completely different. No one was around. I had to check my watch to see if I was here a day early!
Finally, I spotted a woman behind the registration desk and asked her where everyone was. She just pointed to the ballroom doors and said one name — Gene Simmons.
Of course! The famous rock legend was speaking and everyone was there early to hear him. I had been tied up with a few market issues in the morning and missed the beginning of his presentation. Oops!
Drugs, Sex and Rock & Roll!
As I walked into the great ballroom, I was greeted by two large projection screens with Gene Simmons and his host Tom Sosnoff. It was almost like being at one of his rock concerts!
“I’m sorry, I forgot the question because I like hearing the sound of my voice so much.”
The man certainly has a witty sense of humor. And he kept the crowd engaged as he talked about his rags to riches story, working multiple jobs while trying to build KISS in his spare time.
He also had some great advice when it comes to doing your research and investing in companies you actually know about.
For Gene, this means investing in Invictus MD (OTC: IVITF). It’s a Canadian cannabis company dedicated to providing marijuana to both the medical and recreational markets.
I’ll be frank with you… I’m still debating the legalization of marijuana in my own head. As a dad, I’ve got some concern about making drugs more accessible. But I feel the same way about kid’s access to alcohol and nicotine, too.
Regardless of my concerns, however, marijuana is big business. And Gene Simmons has researched the industry and knows his stuff! And that’s how he was able to settle on investing in — and becoming a spokesperson for — Invictus MD.
There’s a lesson here for us as investors too!