Peter Thiel Rides Another Trend, Investing in Marijuana and Bob Marley's Legacy

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Mark Melin
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Peter Thiel must like surfing, because he appears to enjoy getting on the edge of waves. And his latest investment is in a trend that is now clearly spreading like a weed around the U.S. The gay billionaire investor wasn’t shy about the lack of a trend when decried there were no publically homosexual CEOs. Shortly thereafter, Apple’s Tim Cook came out, declaring to the world “I’m proud to be gay.”  Peter Thiel looking to biotech plays The man who made billions in tech start ups, most notably PayPal, now says tech investing is passé, the trend is dead. Instead he…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.