In early October, I’ll be traveling to New York City to attend AlphaSummit 2025. In addition to ongoing efforts to become more proficient in the use of leading AI tools as part of my investment research process, I am excited to hear from a list of speakers that includes Nick Saban, arguably the greatest college football coach of all time. (It pains me to write that as an Ohio State fan, but the beatdown Bama put on OSU at the 2021 National Championship is strong evidence to support that claim.) If you’re interested in joining me at AlphaSummit 2025, register at the link to save 15% on your ticket. (If the discount isn’t automatically applied, enter code “INFGRP25” at checkout.)
In early 2013, as a condition of Anheuser-Busch (AB) InBev’s settlement with the U.S. Department of Justice (DOJ) for approval of the Grupo Modelo deal, Constellation Brands (STZ) secured full U.S. commercial rights for leading Mexican beer brands Modelo, Corona, and Pacifico (“our portfolio accounts for over 90% of the Mexican beer imports sold in the U.S.”). Over the next decade, Constellation’s beer segment delivered low double digit annualized revenue growth, led by Modelo: the brand shipped ~200 million cases in FY25, up nearly 5x from the 40 - 45 million shipped in 2013. Along the way, Modelo became the top beer brand in the U.S., passing ABI’s Bud Light.
