Exactly 10 years ago, I nailed it. I don’t mean to brag, but it was one of the best calls I ever made. The date was Friday, March 6, 2009. I was appearing on television on Fox Business. The market had been in a long and brutal decline after the financial crisis and Great Recession. The S&P 500 was down 57% from its last high, which had come nearly two years earlier. Investors were not happy. I went against the grain. The selling was about done, I said. Long-term investors needed to buy stocks. The market made its intraday bottom that very day. The next trading day, Monday, March 9, the S&P 500 made its closing low of 676.53. Ten years later on Friday, March 8, 2019, the S&P closed at 2,743.07 – a 311% gain.

Is he a brilliant innovator creating the next world-beating company? Or is he a brilliant eccentric with fascinating ideas but whose company never gets past a certain point? I’m not sure we know the answer to that question yet. But what I do know is that Elon Musk is front and center in some of the giant investment trends in which investors can make 20 times… 30 times… even 40 times their money. If you bet against him, you take your chances. If you bet with him, you take your chances as well. Most of the giant investment trends Musk finds himself in the middle of fall into what I call Transportation 2.0 – an industry I have no doubt will be worth trillions of dollars one day.

They seem an unlikely pair to co-host a TV show. One is a rapper and actor. The other is a home decorating and lifestyle guru (whatever that is). Both are successful entrepreneurs. Both have had run-ins with the law. They are also friends, and their show is called “Martha and Snoop’s Potluck Dinner Party.” It started over two years ago on VH1, but whoever named it must have had a crystal ball. The title now means more than a meal where everybody brings something. Both Martha Stewart and Snoop Dogg are now involved with a pot company. In fact, Snoop’s management company was the one that suggested Canopy Growth (CGC) get in touch with Martha Stewart.