Method

Every company has to clear the same public bar.

Public method copy stays plain: revenue link, current evidence, trading reality, business risk, and private follow-up.

Vice industries: Tobacco and nicotine, Alcoholic beverages, Casinos, online gambling, and sports betting, Cannabis, Firearms and ammunition, Defense contractors, Private prisons and detention services, Oil, gas, coal, and mining, Data brokers and surveillance technology, Payday lending and high-cost consumer finance, Adult entertainment, Addictive platforms, Fast food, snack foods, and sugary beverages.

Details

  1. Revenue

    A company has to make meaningful money from one of the vice categories.

  2. Evidence

    Public claims need current filings, reports, market data, and other direct sources.

  3. Liquidity

    A large plan still has to respect trading volume, spread, and market depth.

  4. Risk

    Policy risk, business risk, market risk, and weak evidence can stop an idea.

Details

  1. Revenue

    A company has to make meaningful money from one of the vice categories.

  2. Evidence

    Public claims need current filings, reports, market data, and other direct sources.

  3. Liquidity

    A large plan still has to respect trading volume, spread, and market depth.

  4. Risk

    Policy risk, business risk, market risk, and weak evidence can stop an idea.