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How Tobacco Became One of the Greatest Investments in History

For over a century, tobacco stocks have been among the greatest investments in history.

How Tobacco Became One of the Greatest Investments in History
Tobacco cigarettes are arranged for a photograph. (Photographer: Kiyoshi Ota/Bloomberg)

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

For over a century, tobacco stocks have been among the greatest investments in history, consistently outperforming other sectors decade after decade. But what is it about tobacco companies specifically that has led to this incredible performance? On this episode, we speak with financial advisor Lawrence Hamtil along with Gene Hoots, a financial advisor and the author of Going Down Tobacco Road, to discuss the extraordinary performance of this sector.

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