Davis Freeberg

Diageo: Capitalize on Life's Certainties

Great article. A little tongue in cheek, but I like that. You are probably right that they are attractively priced for a large cap. The dividend is nice and they should be one of the last ones to suffer in a recession. Still, I like a little more risk/reward in the companies I look at. I don't follow the space very closely, but would be interested in finding out if there are any alcohol small caps that you know of. Is there anything a little smaller that looks attractive to you or have all the micro brews gone macro?