basket and strive to be properly diversified. Were investors in CannTrust (for example) constantly monitoring news and share prices or did they just set it and forget it? Healthy people focus on being healthy and it is just part of their daily routine and financial health is no different. There are of course two other reasons why I used Weight Watchers as my example.
The first is personal. After I watched the Midas Letter episode that I appeared on I realized just how unhealthy and obese I had become. The term “morbid obesity” scared me. I did my research … my due diligence. Tried quick weight loss fads – juicing etc and I lost significant weight in a short period but soon exiting the diet regime the weight came back on plus a few extra pounds. I did more research and realized I did not get that way with one bad meal or even a month of poor eating and lifestyle and the Weight Watchers program seemed the ideal fit because of its focus on health and lifestyle over just dieting. In just over seven months I have lost over 60 pounds just with slow progressive changes to my lifestyle. I had developed Type 2 Diabetes as well and that terrifies me but as my lifestyle improves (which includes eating healthier and increased physical activity) and the pounds shed away, my blood glucose levels have also been dropping and there is growing evidence that Type 2 diabetes can be reversed. This is also why I have a keen interested in how our endogenous cannabinoid system appears to assist in modulating blood glucose but much more R&D is required. A recent US study found that “obese adults who used marijuana had significantly lower fasting insulin than those who don’t use cannabis” and that “cannabis lowers insulin levels in obese type 2 diabetics”.
There is of course another reason and CannaInvestor Magazine is investment focused after all with an emphasis on responsible and diversified financial health. WW continues to reward investors and during the recent index wide sell off bucked that trend surging over 20% in just one day. It went to a 50% increase in just a few days and nearly 100% since early 2019. Weight Watchers success to me mirrors the methodology that often yields superior investment decisions and returns:
When you look up Weight Watchers Reviews typically the only cons are that the program can be expensive and that it is on the honour system as they give you the tools and it is up to you to use them. As for being costly, I found the money I saved avoiding fast food etc more than offset the cost. But that notion also seems familiar as the cost to successful investing tends to be measured more in time and effort – but the cost of poor investment decisions is definitely measurable in lower returns and even losses. Now let’s tie this in with this industry …
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