Perhaps today’s article is not the smartest article for me to write, since it will provide a blueprint for how to use my rule of asset concentration over diversification to build wealth fast (which is very different from getting rich quick), with less asset price volatility than the assets I discuss on this platform. However, as one of my investment pillars is to invest in socially responsible manner that will build a better world for future generations, I hope that not one among you that is reading this will unsubscribe after finishing this article because I am writing this with the faith that not one among you will implement the strategy that I discuss in this article. The importance of this article is contained not within the specific information I discuss but within the strategy. The strategy that I am going to elaborate upon within this article shares many similarities with the argument for legalization of all drugs, even those classified among those considered to be highly addictive, like Class 1 and Class 2 drugs that include speed, Adderall, methamphetamines, ketamine, cocaine and heroin.
The argument for legalization of all drugs normally covers these points. Legalization will:
(1) Destroy the black market for current “illegal” drugs like cocaine, heroin, fentanyl, and therefore rid the world of the scourge of murderous drug cartels;
(2) Eliminate the tens of thousands of people murdered in the global drug trade every year due to the fact that these horrific murders result from cartels’ intimidation of others not to cut into their trade;
(3) Eliminate countless overdose deaths from people buying illegal drugs cut with other fatal chemicals and substances as regulation would ensure the purity of all drugs and cut out the lion’s share of deaths from the ingestion of drugs with unknown impurities like fentanyl and carfentanyl; and
(4) Eliminate the criminal racketeering aspect of the global banking industry of bank CEOs that pretend to be good people in society but that literally make billions every year from laundering drug cartel money.
However, the reason illegal drugs, despite these obvious benefits to society, will never be made legal by governments is that too many government officials as well as intelligence agency officials also make billions through their participation in the supply chain of these illegal drugs. Thus, eliminate the black market for illegal drugs and the extremely profitable industry of kickbacks to government and intelligence agency officials is also eliminated. Since these are the very people that determine if illegal drugs will ever be reclassified as legal, of course they will never kill an industry that grossly and immorally enriches them as well as the reprehensible drug lords.
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