Economic Opportunities:
Cryptocurrency
At the end of 2017, the value of cryptocurrencies such as Bitcoin were as high as they had ever been. Since then however, their prices have experienced a steep decline which I believe has created an opportunity for the everyday investor to buy in. Although the values dropped to new lows, they are bound to bounce back, especially with the way these currencies fluctuate. It may never be worth nearly $20,000 a pop as it was at the end of last year, but I believe it has fallen so far that it can only go up from here, and that's why I saw this opportunity.
Link: https://www.cnbc.com/2018/08/07/tom-lee-bitcoin-is-regaining-market-share.html
E-Cigarettes
E-Cigarettes such as the Juul and its related accessories are a booming industry recently estimated to be worth up to $14 billion. The industry has been gaining increasing popularity among America's youth. While it might not be morally correct, I think this market is easily exploitable, much more so than the former smokers these companies market to currently. I think this presents a great opportunity for companies to begin gearing their product and advertising more toward these younger customers.
Link: https://www.journalnow.com/business/juul-expands-e-cig-market-share-gap-with-reynolds-vuse/article_0bb4d442-fc0f-5c00-8b05-29bbf95dc985.html
Regulation Opportunities:
Legalization of Medical/Recreational Marijuana
With the legalization of marijuana for both medical and recreational purposes across the United States, an opportunity has been created for entrepreneurs to get in on the booming business of pot. The industry is projected to be worth tens of billions of dollars in a few short years. While larger corporations like tobacco companies may be in better position to benefit (seeing as many can, and are already prepared to, produce marijuana related products in the same mold as their tobacco counterparts) it probably isn't too late for the prototypical investor to get in on the business, as its endless possibilities present a solid opportunity for return on investment.
Link: https://www.kotzinvaluation.com/articles/marijuana-industry
Straws
As straws continue to be banned in cities around the country, as has been documented on social media and the web, I believe an opportunity has been created in the business of straw alternatives. While most people will simply resort to drinking straight from the cup, there are still people out there who need them, such as those with disabilities. Coming up with an environmentally friendly alternative shouldn't prove too difficult, ideas could include straws that are part of the cup, and metallic straws that some people already use with their YETI cups.
Link: https://www.businessinsider.com/plastic-straw-ban-why-are-there-so-many-2018-7
The opportunities that you found I will admit are not all in my wheelhouse. The cryptocurrency and E-cigs I cannot relate to because my knowledge isn't too vast. The opportunity however is massive as these are trending right now. I think that whenever there is a negative we can almost always spin a positive and you did that well with the crypto opportunity. Some people would fall of the topic as it was a drop but you were able to find an opportunity which not everyone would see.
ReplyDeleteHey Jack,
ReplyDeleteI have found your opportunities in this post very compelling because I have personally invested in different cryptocurrency like Bitcoin and Ethereum. I still think there is an opportunity in crypto once more governments approve of them. I had also brought up E-cigs in my post as well because of the amount of popularity the market has right now.