Random thoughts about stocks, investing, business and philosophy in everyday life
Introduction and summary: Alcohol has for thousands of years been a vital part of human culture (whether you like it or not). Whisky though, a result of distillation, was discovered by monks as late as 1100-1300. Whisky as an investment has attracted interest over the last decade, presumably because it has proven to be a good investment since the GFC
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Diageo is a sin stock and those stocks have performed the best over the last century. This analysis argues for why this is likely to continue. Background and summary: Diageo produces alcohol – lots of it – hence a “sin-stock”. Tobacco and alcohol stocks have produced spectacular gains over the last century, and Diageo is not different: 12% CAGR since
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