Reflections on "Going Down Tobacco Road" and Investing
Gene HootsFollowing 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 |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 126 | Subscribers | Read | 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 IV A: THE BARBARIANS 1986-1988
In July 1985, Reynolds acquired Nabisco Brands to complement its cigarette business. Nabisco’s portfolio, led by the world’s best-selling cookie, Oreo, made CEO Ty Wilson proud of the deal. However, he failed to foresee that the acquisition...
R. J. REYNOLDS TOBACCO: 150 YEARS OF EVOLVING CULTURE CHAPTER III: NEW CHALLENGES, NEW MANAGEMENT 1961-1985
By 1960, Reynolds Tobacco had become a Wall Street “darling.” Investors believed its sales, profits, and stock price had nowhere to go but up. However, RJR management was concerned about growing evidence linking smoking to cancer. The Surge...
THOUGHTS ON THE NEW YEAR -2026
I am so grateful that these posts have brought me many welcome new friendships. Staying connected and engaged is the single most important element in good health as we age. Thanks to all of you who stay in touch with me.
R. J. REYNOLDS TOBACCO: 150 YEARS OF EVOLVING CULTURE CHAPTER II: BUILDING A TOBACCO EMPIRE 1926-1960
After RJR’s death, his trusted lieutenants continued running the company much as he had. Camel cigarette sales flourished, and Reynolds’ management upheld his culture of thrift, operating the business with strong manufacturing and sales ski...
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Authors
The writers behind this newsletter.
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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