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Ben Strubel
Ben Strubel
Articles (106)  | Author's Website |

Dumb Investment of the Week: For-Profit Prison Industry

February 10, 2014 | About:

About the author:

Ben Strubel
Ben is President and Portfolio Manager of Strubel Investment Management LLC, a value-oriented, independent, fee-only Registered Investment Advisor (RIA) based in Lancaster, Pennsylvania.

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Rating: 4.3/5 (6 votes)


Kissinger.scott - 1 year ago    Report SPAM

With cannabis legalization sweeping the nation, incarcerations from drug convictions are likely to decrease. Prison populations will drop and this will provide growth headwinds also. Definitely a shorting opportunity here, but the timeframe is unclear. With great lobbying comes great uncertainty over exactly how long even the worse business model can survive.

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