Fad investors bust on the .com bubble & cannabis stocks | AWM Capital

The .com bubble saw the Nasdaq appreciate 800% in five years—until it all unraveled when fundamentals couldn’t back the hype. The cannabis “green rush” followed suit: capital flooded in, deals stacked up, but most didn’t survive. On the public side, some of those stocks are down 90% from their peaks. Unless something miraculous happens, you are not getting that money back.

This is the difference between chasing attention and running a disciplined playbook. At AWM, our clients know that legacies aren’t built on fads—they’re built on substance, process, and a playbook designed for 100-year family wealth.

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