Is Constellation Beer Getting Too Big For its Britches? Dear Client: The biggest question on everybody's mind regarding Constellation's beer business is: When does the law of big numbers kick-in? Meaning, how high is high? When does the curve bend down? Where is the law of diminishing returns? When does the rate of change of acceleration turn to, merely, year-over-year growth? Or flat? Or perish the thought: down? IT WILL HAPPEN. At least that's what history tells us. Since Repeal
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