For the full episode head over to the Brewery Pro Podcast. Brewery valuations and investment in the brewing industry have increasingly become issues of focus for Brews News as breweries look to raise capital.  There are several ASX-listed brewing companies, and a number of breweries that have flagged their hopes for an eventual IPO. We have also seen the emergence and rapid growth of equity crowd funding that is pitched as an investment in the breweries undertaking that form of capital raising.  We have previously looked at brewery valuations from the point of view of those charged with valuing and selling these businesses, but in this episode we look at the issue of investing in brewing businesses. Scott Phillips the Chief Investment Officer in Australia for the Motley Fool, a website and podcast providing investment education and advice. We speak to Scott about basic principles for investing and investing in brewing and some of the factors potential investors should consider in deciding whether they are actually investing, or indulging in a passion. You can hear more of Scott through his Motley Fool Money podcast, and also The Good Oil with Scott Phillips. The information contained in this episode is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.