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We're quitting smoking, so why is big tobacco booming?

General discussions about equity high-yield income strategies
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ReformedCharacter
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We're quitting smoking, so why is big tobacco booming?

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Postby ReformedCharacter » September 12th, 2019, 2:28 pm

Interesting video in the Guardian today, 'We're quitting smoking, so why is big tobacco booming?'

https://www.theguardian.com/society/vid ... co-booming

RC
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Dod101
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Re: We're quitting smoking, so why is big tobacco booming?

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Postby Dod101 » September 12th, 2019, 2:54 pm

It uses very emotive language and it is not true that big tobacco is booming, at least not as far as the price of its shares is concerned. It is though an interesting video.

I have never smoked I am glad to say and will probably reduce my tobacco holdings if the share prices ever recover. I would never top them up.

Dod
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bjmarren
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Re: We're quitting smoking, so why is big tobacco booming?

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Postby bjmarren » September 12th, 2019, 3:07 pm

Interesting video in the Guardian today, 'We're quitting smoking, so why is big tobacco booming?'

https://www.theguardian.com/society/vid ... co-booming

RC


Interesting yes, but not as hard hitting as I expected it to be.

Brendan
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