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DewDiligence

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DewDiligence

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Re: DewDiligence post# 27994

Saturday, 05/20/2023 6:53:22 PM

Saturday, May 20, 2023 6:53:22 PM

Post# of 30495
Addendum—DE’s Construction & Forestry segment (which accounted for 25% of DE’s overall equipment sales in the most recent quarter) is benefiting from contractors’ inability to hire sufficient labor, which induces the contractors to compensate for the labor shortage by expanding and/or upgrading their machinery. I.e. newer and more technologically advanced equipment requires fewer workers to operate at peak efficiency.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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