British American Tobacco: Clearing the Air - [Business Breakdowns, EP.162]

Business Breakdowns

Today, we are breaking down British American Tobacco. Regardless of your views on tobacco as a product, the market is one of the oldest in the world. My guest for today is Evan Tindall, co-founder and CIO of Bireme Capital, and he helps us cover how the tobacco market has evolved.

We go way back in time, discussing how the product itself has evolved from smoking pipes to cigarettes to what we're seeing today - the nicotine pouch market and all the craze around it. We also cover how you evaluate a company where the market outlook is so uncertain. Please enjoy this breakdown of British American tobacco.

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Show Notes

(00:00:00) Welcome to Business Breakdowns

(00:05:18) The Rich History of Tobacco and British American Tobacco

(00:10:25) The Evolution of Tobacco Products and Market Dynamics

(00:13:46) Regulatory Landscape and Its Impact on Tobacco Industry

(00:16:04) The Rise of Next-Generation Tobacco Products

(00:18:44) Market Trends and the Future of Tobacco Consumption

(00:28:57) Challenges and Opportunities in the Tobacco Industry

(00:31:34) Investment Perspectives and the Future of British American Tobacco

(00:36:07) Investors Shying Away From Owning Tobacco Companies

(00:42:32) Effects of The Vaping Phenomenon

(00:44:29) Lessons Learned From British American Tobacco