Aaron Edelheit is high on Cannabis stocks

Aaron Edelheit is high on Cannabis stocks

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July 2026 Random Ramblings

Investing is a game of arrogance. The base rate when you buy any stock is that it just does the market return, so every position you hold is a bet that you know something the market doesn't. My July ramble is really one question asked five ways: when do you look in the mirror and ...  Show more

$LNW: a slot machine oligopoly at half Aristocrat's multiple | Zack Buckley

Light & Wonder ($LNW) is one of three companies in the slot machine oligopoly, with 70%+ recurring revenue, and it trades at 7-8x EBITDA while Aristocrat, its closest peer and arguably its slower-growing twin, trades at roughly double that. Zach Buckley thinks the market is wrong ...  Show more

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