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Reflections on "Going Down Tobacco Road" and Investing

Gene Hoots

Following on my book, "Going Down Tobacco Road," about the R. J. Reynolds empire, I will share stories about the industry and its people. Occasionally, I will add thoughts on investing.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues130SubscribersRead genehoots.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

R. J. REYNOLDS TOBACCO: 150 YEARS OF EVOLVING CULTURE CHAPTER VI A: REYNOLDS AMERICAN TOBACCO RENAISSANCE 2000-2017

In 1999, Steve Goldstone led efforts to free the three RJR Nabisco operating companies from financial and legal constraints that had burdened them for a decade. His actions set them on a new course for the 21st century. However, challenges ...

6 days ago
12
0

R. J. REYNOLDS TOBACCO: 150 YEARS OF EVOLVING CULTURE CHAPTER V: THE DARK AGE 1989-1999

Kohlberg Kravis Roberts (KKR), the prominent mergers and buyout firm, prided itself on being the premier player in its industry. However, this confidence led to hubris. Determined to maintain and expand their dominance, KKR aggressively pur...

21 days ago
17
0

R. J. REYNOLDS TOBACCO: 150 YEARS OF EVOLVING CULTURE CHAPTER IV C: GETTING READY FOR AN LBO

“Increasing prosperity tends to breed indifference and to corrupt moral soundness.” — Charles Evans Hughes

a month ago
12
2

R. J. REYNOLDS TOBACCO: 150 YEARS OF EVOLVING CULTURE CHAPTER IV B: ROSS JOHNSON AND PENSION “INSURANCE”

In a previous post, [Click HERE to read] I shared my impression of Ross Johnson when I first met him and his Nabisco team. At a meeting to bring Nabisco and Reynolds executives together, Johnson mocked Winston-Salem, dismissing it as a back...

2 months ago
8
0

Authors

The writers behind this newsletter.

  • Gene Hoots

    Investment Professional at R. J. Reynolds Tobacco Company (1965–1986). Author of “Going Down Tobacco Road,” a history of tobacco and R. J. Reynolds and its expansion. Worked in investments for almost sixty years.

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