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Other than Brewing => The Pub => Topic started by: denny on September 12, 2013, 09:01:36 PM

Title: Beer billionaire
Post by: denny on September 12, 2013, 09:01:36 PM
http://finance.yahoo.com/news/sam-adams-creator-becomes-billionaire-040001290.html
Title: Re: Beer billionaire
Post by: Slowbrew on September 12, 2013, 09:32:59 PM
Congrats to Jim and everyone working for or invested in Boston Brewing. 

He did what everyone opening a small brewery dreams of.  He made it a success and still makes a very good beer.  If only we all could be so successful in careers.

Paul
Title: Re: Beer billionaire
Post by: punatic on September 12, 2013, 09:43:10 PM
Jim Koch is an evil 1%er?!   Oh the humanity!!   ::)

What next, Santa's not real?
Title: Re: Beer billionaire
Post by: speed on September 13, 2013, 12:09:51 AM
Jim Koch is an evil 1%er?!   Oh the humanity!!   ::)

What next, Santa's not real?
WHAT  :'(
Title: Re: Beer billionaire
Post by: MDixon on September 13, 2013, 10:59:35 AM
What I find irritating is I seriously contemplated buying shares of the company around 2000 at $8 per share, but it was fluctuating so wildly on a daily basis I did not. It's at $226. Where's the facepalm emoticon when you need it.
Title: Re: Beer billionaire
Post by: AmandaK on September 13, 2013, 12:02:15 PM
What I find irritating is I seriously contemplated buying shares of the company around 2000 at $8 per share, but it was fluctuating so wildly on a daily basis I did not. It's at $226. Where's the facepalm emoticon when you need it.

Ha. I went back and forth about that when it was $100 a share... figured they could be worth that much. Oh well!

Good on ya, Jim Koch!
Title: Re: Beer billionaire
Post by: redbeerman on September 13, 2013, 02:38:25 PM
Good for him.  I hope he's still happy too.
Title: Re: Beer billionaire
Post by: denny on September 13, 2013, 03:25:03 PM
What I find irritating is I seriously contemplated buying shares of the company around 2000 at $8 per share, but it was fluctuating so wildly on a daily basis I did not. It's at $226. Where's the facepalm emoticon when you need it.

Allow me....

(http://www.brews-bros.com/public/style_emoticons/default/facepalm.gif)
Title: Re: Beer billionaire
Post by: theDarkSide on September 13, 2013, 03:29:27 PM
What I find irritating is I seriously contemplated buying shares of the company around 2000 at $8 per share, but it was fluctuating so wildly on a daily basis I did not. It's at $226. Where's the facepalm emoticon when you need it.

Allow me....

(http://www.brews-bros.com/public/style_emoticons/default/facepalm.gif)

(http://www.globalmotorbikes.com/forums/images/smilies/doh.gif)
Title: Re: Beer billionaire
Post by: blatz on September 13, 2013, 05:53:41 PM
yeah - I did a company valuation/financial modelling on SAM for my thesis, and found that it was valued (in 1999), based on my evaluation at about $43 per share, while it was currently trading at $7-$9.  I remember many laughing at me.

what is amazing to me, though, is the fact that all the voting shares of the company are owned by Koch and the company has stated it will never pay a dividend, and yet it still trades at 47x earnings.
Title: Re: Beer billionaire
Post by: weithman5 on September 13, 2013, 06:40:16 PM
Jim Koch is an evil 1%er?!   Oh the humanity!!   ::)

What next, Santa's not real?

i have heard that santa has add or dementia.  i mean he does have to keep making a list and check it twice
Title: Re: Beer billionaire
Post by: weithman5 on September 13, 2013, 06:41:51 PM
What I find irritating is I seriously contemplated buying shares of the company around 2000 at $8 per share, but it was fluctuating so wildly on a daily basis I did not. It's at $226. Where's the facepalm emoticon when you need it.

i wanted to drop a few grand on James Buster Douglas to beat mike tyson in 1989ish, just because he was from ohio.  I thought better of that rationale :P
Title: Re: Beer billionaire
Post by: factory on September 13, 2013, 07:14:58 PM
The American Dream come true.
Title: Re: Beer billionaire
Post by: jeffy on September 13, 2013, 07:34:22 PM
Jim Koch is an evil 1%er?!   Oh the humanity!!   ::)

What next, Santa's not real?

i have heard that santa has add or dementia.  i mean he does have to keep making a list and check it twice

Did you hear about the dyslexic blues man who went to the crossroads and sold his soul to Santa?
Title: Re: Beer billionaire
Post by: hopfenundmalz on September 13, 2013, 07:45:19 PM
Jim Koch is an evil 1%er?!   Oh the humanity!!   ::)

What next, Santa's not real?

i have heard that santa has add or dementia.  i mean he does have to keep making a list and check it twice

Did you hear about the dyslexic blues man who went to the crossroads and sold his soul to Santa?
Was he named Johnson Robert?
Title: Re: Beer billionaire
Post by: morticaixavier on September 13, 2013, 07:50:53 PM
Jim Koch is an evil 1%er?!   Oh the humanity!!   ::)

What next, Santa's not real?

i have heard that santa has add or dementia.  i mean he does have to keep making a list and check it twice

Did you hear about the dyslexic blues man who went to the crossroads and sold his soul to Santa?
Was he named Johnson Robert?

hey guys, take it easy on us dyslexic types!

Dyslexics Untie!!!!!
Title: Re: Beer billionaire
Post by: The Professor on September 13, 2013, 08:14:38 PM
It's my understanding that 100 out of 17 people are dyslexic.
Title: Re: Beer billionaire
Post by: punatic on September 13, 2013, 08:35:09 PM
Was he named Johnson Robert?

Everyone knows that Johnbert Robson is Santa's Chief of Staff...  Shuh!

Title: Re: Beer billionaire
Post by: redbeerman on September 16, 2013, 01:22:54 PM
Making an otherwise crappy Monday somewhat better.  Thansk!