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DewDiligence

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DewDiligence

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Re: jbog post# 29308

Sunday, 05/12/2024 2:32:05 PM

Sunday, May 12, 2024 2:32:05 PM

Post# of 29359

3M—Today, it seems like they have greatly cut back on research…

The actual numbers don’t show that. These are 3M’s R&D expenses as a percentage of sales for 2018-2023:

2023 5.6%
2022 5.4%
2021 5.6%
2020 5.8%
2019 5.9%
2018 5.6%

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

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