By: Dividend Sensei
You might be surprised to learn that the best industry to invest in was tobacco, delivering 4,646X returns adjusted for inflation.
That’s because world-beater blue-chips adapt and overcome challenges, including regulatory ones.
This high-yield dividend aristocrat is in the process of moving entirely to a tobacco-free future, in which it will sell only reduced-risk nicotine and medical vaporizers.
This aristocrat is paying 8X EV/EBITDA for its largest acquisition ever, a company growing at 12%, in a deal that makes a lot of sense.
From today’s reasonable valuations, this aristocrat is potentially capable of life-changing and generational wealth building 10X inflation-adjusted returns over the next 30 years, 100X over the next 60, and 2,200X over the next 100.