Being on the road a lot, I spend a decent amount of time in TSA lines.
But I’m not here to talk about how inconvenient or frustrating these lines can be.
Yes, I miss the days when I could arrive at the airport at 3:30 for a 3:45 flight, but certainly my life isn’t that affected by x-ray machines and the occasional pat down. And quite frankly, there are only so many battles I’m willing to fight. This just isn’t one of them.
Look, in a perfect world, such measures wouldn’t be necessary. But in a perfect world, I’d be relaxing on a hammock in Kauai while Olivia Munn practiced yoga positions in front of me.
Perfect worlds are wondrous inventions of our imaginations. They allow us to tolerate war, poverty, and intolerance. But when we open up our eyes and find ourselves face-to-face with the realities of an imperfect world, there are only a few options:
- Fight
- Submit
- Choose either, then seek to make a few bucks
Let Me See Your Eyes!
On a recent trip to Mexico, an acquaintance of mine found himself in a very uncomfortable position.
After going through all the obligatory security procedures to get to his gate, he was confronted with yet another security procedure he didn’t expect: a retina scan.
In a recent blog piece about this incident, Jeffrey Tucker wrote…
Two US Marshals, heavily armed and dressed in dystopian-style black regalia, stood next to an upright machine with a glowing green eye. Every passenger, one by one, was told to step on a mat and look into the green scanner. It was scanning our eyes and matching that scan with the passport, which was also scanned (yet again).
When I first read this, it conjured up some very disturbing images of science fiction movies that took place in worlds where privacy was an illusion and governments were controlled by egomaniacal dictators.
Sadly, those disturbing images are no longer the domain of just clever Hollywood screenwriters.
Tucker went on to write…
I will tell you how it made me feel: like a prisoner in my own country. It’s one thing to control who comes into a country. But surveilling and permissioning American citizens as they leave their own country, even as they are about to board, is something else.
Where is the toggle switch that would have told the machine not to let me board, and who controls it? How prone is it to bureaucratic error? What happens to my scan now and who has access to it?
Profiting From an Awkward Reality
I share Jeffrey Tucker’s concerns.
While I’m certainly not opposed to taking necessary security precautions, there is a fine line between securing our personal safety and securing our personal liberty. As Benjamin Franklin once said, “Those who would give up essential Liberty to purchase a little temporary Safety, deserve neither Liberty nor Safety.”
Of course, there’s no law that says I have to fly.
Certainly if I want to avoid such situations, I can drive, take a bus, take a train, or jump on a boat.
But you know what? If I have to travel long distances, I’m not doing any of those things. No, I’m going to go through whatever necessary security procedures with which I am confronted, regardless of how uncomfortable they make me feel.
Is this a cop out? Perhaps.
But while some of my fellow libertarians criticize me for saying these things, I’m going to look for a way to profit from this awkward reality.
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Aware, Inc. (NASDAQ: AWRE)
Jeffrey Tucker’s recent experience with retina scanning is not the first time I read about this.
In fact, it was about this time last year that I was talking to my colleague, tech expert Jason Stutman, about this very thing.
We were heading to Vegas for a finance meeting, and he started telling me about these eye-scanning machines. He was talking about them not in a negative or positive way. He didn’t seem opposed to them, nor did he seem in favor of them. All he kept talking about was how these machines could open up a huge opportunity for tech investors.
One company he clued me in on is a biometrics software company called Aware, Inc. (NASDAQ: AWRE).
Aware has a lot of irons in the fire, but when Jason told me about the company’s iris recognition software, I had to do some digging.
By the time our flight from Baltimore landed in Vegas, I was sold. I actually put my buy order in when I got to the hotel.
Seven months later, the stock was up more than 40%!
Check it out…
Of course, a 40% gain is nothing with this guy.
Over the past couple of years, Jason turned me on to a number of tech plays that absolutely crushed it, including:
- Newport Corp. (NASDAQ: NEWP) — up 71.54%
- Adept Technology (NASDAQ: ADEP) — up 110.08%
- Iridium (NASDAQ: IRDM) — up 92.24%
- Fabrinet (NYSE: FN) — 71.2%
- Foundation Medicine (NASDAQ: FMI) — up 101.65%
And these gains pale in comparison to what he’s already got lined up for 2017.
You can get a quick peek by clicking here.
My point to all this is simple: While I don’t feel particularly comfortable having my retinas scanned at the airport, the money I make by profiting from this market definitely helps take the edge off.
Judge me if you want. But at the end of the day, I’m just building wealth. And I sure as hell make no apologies for that. You shouldn’t either.
It’s really simple: There’s plenty of money to be made in the biometrics space, as well as other high-tech innovations. And if you want it, it’s yours for the taking. Click here to get started.
To a new way of life and a new generation of wealth…
Jeff Siegel
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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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