The stock of United Breweries Holdings has given me a return of more than 1300% in a little over 2 years. Most of the liquor stocks in India have given an average annual return of more than 19% and most of them are decently valued based on a VIH (Value In Hand) analysis.
Sunday, September 21, 2008
Intoxicating Returns
A $300 billion industry globally and the 3rd largest sin industry in the world may not be an idealists' call on the best industry to invest in. The religious investors of the world consider it a sin to invest in this industry. I am talking about alcohol which is one of the fastest growing businesses across the world and in India.
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