“Analysts at Citi estimate the gross margins of nicotine pouches is roughly 75 per cent, compared with 60 per cent for cigarettes.” $BTI
Bill Ackman decided to pass on Netflix and Spotify over Universal Music Group during 2022 bear market, when he was closely focused on video and music streaming businesses.
Buffett: "But the real action from compounding takes place in the final twenty years of a lifetime. By not stepping on any banana peels, I now remain in circulation at 94 with huge sums in savings – call these units of deferred consumption – that can be passed along to others who…
Bruce Flatt on electricity demand over the next 20 years $BN
I like this chart a lot. It shows the market size by video game platform year-by-year. 3 interesting conclusions 🏆 Market shares are not a static information 📱 Mobile game are the dominant segment 📈 Sector is rising fast (and should continue) 🔍 Several new trends are…
Nearly 1 in 10 adolescents around the globe have used non-prescription weight loss products; among youth globally, researchers calculated that 2% had used these products in the last week, 4.4% in the past month, 6.2% in the past year, and 8.9% in their lifetime so far.
High Noon is now the No. 1 spirit in the US. It sold 21.4 million cases last year (~$1.5B), up 30% from the year before and ahead of famous brands like Tito’s Vodka (12 million cases) and Jack Daniel’s (6.5 million cases).
The NFL accounted for 93 of the top 100 US broadcasts last year, up from 82 in 2022 and 61 five years ago.
Tesla controls over half of the US battery electric vehicle (BEV) market, followed by Ford, Hyundai, Chevy and Rivian. $TSLA $F $RIVN
The FDA has only approved 23 vaping products, all of them tobacco-flavored. Those 23 products represented less than 3% of e-cig sales in the US from July through September. And more than 3,000 new vaping products have been introduced to the United States over the past year.
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