The Resilience of Tobacco Stocks

This chapter examines the surprising financial success of tobacco stocks, revealing that a dollar invested in 1900 could yield over six million dollars today. It discusses the tobacco industry's ability to thrive despite public health initiatives, heavy taxation, and legal challenges, drawing parallels with the tech sector. Insights from investment advisors and a seasoned industry professional highlight the unique dynamics that have allowed the tobacco industry to maintain consistent profitability amidst societal scrutiny.