Reflections on "Going Down Tobacco Road" and Investing

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Tobacco was the most profitable industry for U.S. stockholders over a 115-year span. But tobacco was also profitable for everyone - from raw material to…
Gene Hoots
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As you get this Post, I am in the Italian Alps at my granddaughter’s wedding. But even on this festive day, my memory turns back to another time and…
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To begin 2022, first I wish each of you a healthy, happy, and prosperous year. Let us look forward with optimism – believing that our world will come to…
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INTRODUCTION The June 6 comments on D-Day had the highest readership of any of my posts. Because of this reader interest, we will do a series on people…
Gene Hoots
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FIRST – THANKS FOR 2021 AND A WISH FOR 2022 Thanks to all the readers of my book and posts. In this first year, many new friends have joined me on…
Gene Hoots
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BACKGROUND The book Going Down Tobacco Road ended in 2017, about the time British American Tobacco bought the 60% of Reynolds American that it did not…
Gene Hoots
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Container shipping has been in the news since a giant ship ran aground in the Suez Canal, causing a major bottleneck in global supply chains. In a…
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From the Civil War through Vietnam, American troops discovered tobacco. There was something about the nicotine that calmed the nerves, relieved the…
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Two audiences follow my posts. The first, people who grew up with a tobacco heritage or newcomers who want to learn more of its history and R.J…
Gene Hoots
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Shortly after I took the pension job, Joe Abely arrived to become RJR’s CFO. Joe was Boston Irish, a Boston College graduate, with both an MBA and an…
Gene Hoots
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If this is your first post, welcome. You can find previous posts on the site, HERE. I hope that the posts interest you enough to continue with me down…
Gene Hoots
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If this is your first post, welcome. You can find previous posts on the site, HERE. I hope that the posts interest you enough to continue with me down…
Gene Hoots
6
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