The Price of Timing: A Gold Lesson from 2011 A recurring lesson in financial markets is that timing often matters more than conviction. Investors who deploy capital at moments of peak enthusiasm frequently spend years recovering, while those willing to buy into discomfort are often rewarded. China’s recent market history provides a clear illustration. It...

“The central question is no longer whether cannabis will become a major American industry, but what kind of industry it will become.” By Damian Fagon, Parabola Center for Law & Policy For more than a decade, U.S. cannabis legalization has been framed as an opportunity for small producers, local brands and craft cultivation. In most...

“The central question is no longer whether cannabis will become a major American industry, but what kind of industry it will become.” By Damian Fagon, Parabola Center for Law & Policy For more than a decade, U.S. cannabis legalization has been framed as an opportunity for small producers, local brands and craft cultivation. In most...