A month ago, my wife informed me she wanted to pick her own stocks. Then she got into Beyond Meat [BYND] on the first day of trading, not necessarily for investment purposes but because she insisted on showing her support for the company.
What can I say? I’ll leave it to her. Here is an excerpt of what she wrote to some friends and connections in her animal rescue world:
“A number of us have been focusing on the changing revolution that is happening in food production. Although there have been some vegan and vegetarian products available in Canada for years, it was very low key and not at all mainstream. The media has really picked up on the successful launch of “Beyond Meat’ and suddenly the marketplace seems to have exploded with news of all sorts of companies wanting to have plant-based alternatives to meat. The grocery store retailers and buyers have been slow to recognize the growing trend for the last 5 – 10 years and have been caught by surprise with the demand for plant-based items as opposed to meat. Certainly, the beef and dairy producers were a bit under pressure the last few years with declining sales due to the introduction of soy-based products but I don’t think the meat industry was expecting a tsunami this big for the move away from meat.
With the widespread publicity of emphasizing multiple benefits from plant-based meat’ substitutes, the public has been educated quickly about how much large scale animal agriculture is depleting our resources, how plant-based is healthier without the antibiotics and GMO’s that are typically found in meat products, and how much cruelty is going on in factory farming and slaughterhouses of big animal agriculture. Almost daily there are several news stories about the ‘food revolution’ that is taking place – and people are noticing. It’s a current topic on many people’s minds.”
Just got back from Las Vegas where I was at ‘The Deal Room’, a personalized investment conference organized by Jay Martin and his team at Cambridge House. It showed that there is a way for everyone to leave Las Vegas as a winner.
There were thirty-six public and private companies, about evenly split among mineral exploration, cannabis, and technology. They got a chance to meet with a selection of relevant investors that Cambridge flew in and hosted. Forty-two people encompassing high net worth individuals, brokers, family offices, and institutional funds. Vancouver, Toronto, New York, Europe, Hong Kong – an interesting and select group.
The venue was the Cosmopolitan Hotel – excellent in every way and the Cambridge team had things organized to the nth degree.
Call this ‘Vegas Deal Room’ an unqualified success. Companies, both public and private, should be fighting to get on the list for the next one.
It’s amazing that the morons in charge [aka the BC government] haven’t figured out that the effect of well-done promotion from 1986 (remember Expo?) through 2010 (remember the Winter Olympics?) and up to today involving a relatively small area has been to focus many eyes and much money on real estate here (the Lower Mainland).
When potential investors find out we quote prices in heavily discounted Canadian loonies that use the $ sign, the party is on.
Blame ‘crooks’? Maybe – but obviously there’s some difficulty with that approach. How about looking at income levels and how to raise them while remaining competitive?
A lot of attention is being paid to Cambridge Analytica and one of its founders, Christopher Wylie.
He spoke at the latest Cambridge conference – Extraordinary Future 18 – and I had a chance to ask him a few questions.
He got his start by volunteering for work with a Canadian political party, and things developed amazingly quickly thereafter. Still a young guy – he hasn’t hit 30 yet – but he’s had enough adventures to form the basis for a barnburner of a movie.
There is a lot of interesting detail in this excellent article in The Guardian. https://www.theguardian.com/news/2018/mar/17/data-war-whistleblower-christopher-wylie-faceook-nix-bannon-trump