
Chris DeMuth's State of the Markets September 2022
Yet Another Value Podcast
What Does Nicotine Do?
The other two things I think you mentioned at the top just to make a hard shift away from antitrust and regulatory is the first was tobacco. The big health devil is cigarettes themselves is the combustion in tar that if you took out nicotine that it's kind of intuitive that huffing the smoke into your lungs is not good for your lungs, and tar is bad. Well, Bill Morris P is their history. They say our history and our present is in cigarettes, but our future isn't. And they came in and put this bid in there for Swedish match that I think has some of the most innovative and promising kind of post cigarette delivery devices. It could be the greatest health care innovation since
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