Cocaine teaching us about value investing 😂

Who said free markets can’t deliver for the consumer?

2014 → 2024

Cocaine prices: -20%
Purity: +44%

Cheaper and better.

Capitalism really said: “We may not be able to solve housing, healthcare or education… but we’ll make sure the cocaine gets cheaper and purer.” If this were a stock, everyone would be calling it a “deep value opportunity.” :joy:

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Please do link to the source. :bulb:
The chart looks like it’s from FT. :bar_chart:

Potential cocaine investors (if legalization happens) should note that cannabis investors are sitting on sizable losses with most of the top companies (Mcap) trading below issue price. :chart_with_downwards_trend:
RIP to those who bought the top. :skull:

https://d9www.euda.europa.eu/publications/eu-drug-markets/cocaine/retail-markets_en

And ig the price for coke to go down and purity to increase can be due to other drugs entering the streets MDMA, Fentanyl etc

Dont know for a fact what the reason might be though

And there is a more potent drug on street now

Just some time back YT Fern posted it

If someone is interested, please check out

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Nitazenes

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