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Alcohol

Brewers, distillers, and winemakers sell brands with very long lives and steady pricing power. Volumes are flat in mature markets, so growth has to come from premium products and from newer ones.

24 stocks

#	Name	Holding	Trade Value	% of Portfolio	Status
1976	DFA Delta Financial Advisors New Orleans, Louisiana	$0	-$514K	–	Closed
1977	Discovery Capital Management South Norwalk, Connecticut	$0	-$1.65M	–	Closed
1978	DA Dover Advisors Richmond, Virginia	$0	-$468K	–	Closed
1979	DCM Dudley Capital Management Middleburg, Virginia	$0	-$45K	–	Closed
1980	EFS Econ Financial Services Harrisburg, Pennsylvania	$0	-$2M	–	Closed
1981	EG Ellerson Group Annapolis, Maryland	$0	-$3.33M	–	Closed
1982	ECP Epacria Capital Partners Boulder, Colorado	$0	-$381K	–	Closed
1983	Equitable Holdings New York	$0	-$81.4K	–	Closed
1984	EC Estate Counselors Thiensville, Wisconsin	$0	-$121K	–	Closed
1985	Evercore Wealth Management New York	$0	-$303K	–	Closed
1986	FAM Fairtree Asset Management Bellville, Cape Town, South Africa	$0	-$963K	–	Closed
1987	FLFS Family Legacy Financial Solutions Cary, North Carolina	$0	-$1.68K	–	Closed
1988	FMTCOCP Farmers & Merchants Trust Co of Chambersburg PA Chambersburg, Pennsylvania	$0	-$13K	–	Closed
1989	FWM Finer Wealth Management Salem, Massachusetts	$0	-$25.3K	–	Closed
1990	FPF First Pacific Financial Vancouver, Washington	$0	-$6.92K	–	Closed
1991	FF Fluent Financial Dallas, Texas	$0	-$4.14M	–	Closed
1992	Focus Partners Advisor Solutions Saint Louis, Missouri	$0	-$643K	–	Closed
1993	FCM Fogel Capital Management Stuart, Florida	$0	-$1.05M	–	Closed
1994	FC FORA Capital Miami, Florida	$0	-$1.11M	–	Closed
1995	FGI Foresight Global Investors Purchase, New York	$0	-$351K	–	Closed
1996	FAM Formidable Asset Management Cincinnati, Ohio	$0	-$369K	–	Closed
1997	FDCP Foster Dykema Cabot & Partners Waltham, Massachusetts	$0	-$23.3K	–	Closed
1998	Foundations Investment Advisors Phoenix, Arizona	$0	-$661K	–	Closed
1999	FL FreeGulliver LLC New Orleans, Louisiana	$0	-$373K	–	Closed
2000	FM Freemont Management Vaud, Switzerland	$0	-$1.09M	–	Closed