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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1100

Wednesday, 02/12/2014 10:40:20 AM

Wednesday, February 12, 2014 10:40:20 AM

Post# of 30523
Pithy quote apropos to The Global Demographic Tailwind:


“When times are great people smoke more. When times are difficult people smoke more. There are a lot of people in China to smoke more.”

—Adam Molai, chairman of Savanna Tobacco, a Zimbabwe cigarette maker

http://online.wsj.com/news/articles/SB10001424052702303743604579354791070747568

The rest of this WSJ article is a pretty good read too.

(Reposted from last week in order to place this in a yellow sticky slot.)

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

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