Replies to post #25333 on The Rising Influence of Rising Affluence

[DewDiligence]

3M—…the PFAS issue could be open ended based on the length of time in production, volume of chemicals distributed and diverse application.

Just to be clear: 3M continues to manufacture PFAS chemicals that are not considered environmentally troublesome. 3M’s environmental liabilities pertain to certain members of the PFAS class that are no longer being produced.

[DewDiligence]

3M is a great company with a few serious issues to resolve.

Agreed.

[DewDiligence]

I added some 3M today, FWIW. I normally avoid companies with material litigation risk, but in this case I think the valuation already has a big legal liability baked in.