Daily Archives: October 22, 2010

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My Day In Pictures – October 22nd, 2010

My Day In PicturesBy Joshua Kennon October 22, 2010 1 Comment

There is so much going on I don’t know if I’ll have much time to read, but the sunset and great lighting, combined with reading about R.J. Reynolds today, made me grab a copy of Barbarians at the Gate: The Fall of RJR Nabisco, the book famous for chronicling the leveraged buyout that changed the…

Four Companies Control 94.8% Market Share of the Domestic Cigarette Industry in the United States

Case Studies & Profiles, DividendsBy Joshua Kennon October 22, 2010 6 Comments

Four Companies Control 94.8% Market Share of the Domestic Cigarette Industry in the United States On this blog, in my articles, and even in my books, I have often used the example of how capital allocation determines the wealth one ultimately has. Many times, I used the illustration of a married couple, both of whom…