🍄 Wondering how to tell if a psychedelic stock is legit or full of shit?  This video describes how to research and understand both the psychedelic sector as a whole and individual psychedelic companies.  First we walk through my notes on investing in the psychedelic sector, and then look at 10 questions you should ask before investing in any psychedelic company.  We show how to use these questions to compare and contrast different psychedelic companies, and apply this methodology to Mind Medicine, Compass Pathways and Cybin.    My notes on psychedelic investing: https://brompersonal.s3-us-west-2.amazonaws.com/assets/broms-notes-psychedelic-investing.pdf   Google Spreadsheet containing the 10 questions: https://docs.google.com/spreadsheets/d/1KIp_nd-OhyU5xx63oEMsKgU3XFZkkItl-aoyjCdItkg/edit?usp=sharing    CLARIFICATIONS / CORRECTIONS  I made a few silly mistakes in this recording:  when discussing the 'runway' metric, I used the word 'profit' when I should have used 'revenue' multiple times.  i made no distinction between phase 2a and 2b clinical trials   Compass pathways COMP360 is recruiting for phase 2b, NOT phase 3 - Usona is also in phase 2, not phase 3   i pronounced 'entheogens' as 'enthogens'  📺 Watch on YouTube:  https://youtu.be/oA85Xzms8_U🎇 Clips and other stuff on Instagram:  https://instagram.com/bromtalks​​  🐦 brom on twitter: https://twitter.com/therealbrom​​  ⏰Timestamps:    Disclaimer: This presentation is not financial advice.  You should not make any investment or trading decision based on the contents of this presentation.  Do not consider anything in this presentation to be professional advice.  Brom holds long positions in MindMed, Compass and Cybin as well as other psychedelic stocks.