An overemphasis on the risks may have brought this stock down to a valuation that's too cheap to ignore.California is called The Golden State. And from The Golden State comes a golden opportunity for investors. Those don't come around very often so it's important to not let this one slip by without at least considering it.What should investors do when they get a golden opportunity? As investing great Warren Buffett said: "Opportunities come infrequently. When it rains gold, put out the bucket, not the thimb ...