WealthTrap - Breaking down the weed industry & the power of Canadian Tire! [EP.64]
Welcome to the Newcomer Investor Channel! The overarching goal for this channel is to share insights, learn from each other, chat about the beauty of investing and foster healthy debate by sharing various viewpoints. NOTE: This podcast should NOT be taken as financial advice, and is for entertainment purposes only. FOLLOW thewealthtrap: https://twitter.com/thewealthtrap Newcomer Investor on Twitter: https://twitter.com/NewcomerInvest Subscribe on Youtube: https://www.youtube.com/@newcomerinvestor/featured Email me at iamthenewcomerinvestor@gmail.com TIMESTAMPS: (0:00) - Intro & Wealthtrap’s journey into investing (5:00) - Breakdown of the weed industry; Canada vs US; legalization and aftermath (11:47) - Canadian Tire: business model, moat, the power of Canadian-ness (23:23) - ETFs; biggest win, mistake, and lesson for new investors!