2min chapter

Chit Chat Stocks cover image

Peter Lynch: Beating The Pros With Common Sense Investing

Chit Chat Stocks

CHAPTER

Investing in No-Growth Industries: The Case of Tobacco

This chapter explores the unique dynamics of investing in no-growth industries, focusing on stable sectors like tobacco. It highlights Philip Morris's ability to maintain earnings despite declining cigarette volumes and examines the competitive landscape between traditional smoking and emerging trends like vaping.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode