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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (77704)	6/27/2025 10:41:44 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78774

Sometimes it's harder to kill a company than it seems. Same as with JNJ and their baby powder asbestos contamination. Many women hurt, lawsuits in the $billions, and what was worse, JNJ kept selling the product even though for years they knew and kept silent of asbestos issue. Easy or easier for juries to punish JNJ. Again, when all this came public, it was a time to buy during the outcry. For me, okay, I'm still after all these decades, afraid to make big bets on bad news when really, I only have surface knowledge of the issues. But I got plenty of money, plenty of diversification, and so I can and should've at least made a few share bet that JNJ's just too big and strong to collapse from that or other issues they may have had. And actually I believe I did start to buy a few shares after some point when the stock was still languishing.