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Why Tobacco Companies Have Been A Good Investment

Some months ago I wrote an article about the historical performance of so-called “sin-stocks”. Tobacco companies have performed the best in the US, and alcohol stocks in the UK. In this article I briefly argue for the reasons why and why they most likely continue to outperform. High margins and cashflows: Margins are very high. For example, 27% of the

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About This Site

My name is Oddmund Groette (1971) and I reside in the former USSR (but I’m a citizen of Norway). This website contains my thinking, thoughts and opinions on the subjects that interest me the most: investing, stock analysis, business and philosophy in everyday life. I have been an investor for almost 20 years (investing my own money), and I spend

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