Preferred Shares
Preferred Shares Podcast
Vending Machine Mania

Vending Machine Mania


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Welcome to Episode 1 of the Preferred Shares Podcast.

Lawrence Hamtil, of Fortune Financial Advisors, was the primary researcher for this episode.

In this episode

  • The origin story of automated vending

  • The mechanics of the vending business

  • Warren Buffett’s foray into coin-operated machines

  • How vending machine companies turned into growth stocks

  • Technological innovations in the vending industry

  • The vending machine company stock bubble

  • Transformation of the industry

  • Parallels and lessons learned

Excerpt, Vendo Company ad, July 1963

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