@DadInvest@MrFamilyOffice They’re going to need to (for the rest of their lives until they die):
No dining out/takeaways
No kids
No heating during winter
Charge their phones on others electricity
Hunt for discarded shopping vouchers
Spend everything
Inherit boomer parent wealth
@compoundpapi I think a lot investors are put off by sin stocks - arguably the new biz models are better for consumer health, but the legacy business probably a hard pass for many. Not for me
@JohnDoeKnowsGuy It’s ripe for a PE buyout - way too cheap. Also found it interesting that it’s started creeping onto some really smart investor 13F’s (Himalaya, punch card, patient capital etc)