Fortune Brands
BEAM
pitch
long
Mario Gabelli
Thesis
The distilled business of Fortune Brands is expected to be valued between $80-$85 due to its strong cash flows and potential for growth, particularly in the bourbon category, which is a $6 billion market. The company is likely to be taken over, which adds to its attractiveness as an investment.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the thesis has played out. The potential for growth in the bourbon category and the possibility of a takeover are valid points, but without further information, we cannot determine the outcome of the investment.
Raw excerpt
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