$British American Tobacco (BTI.US)$ Risk appetite has change...
$British American Tobacco (BTI.US)$ Risk appetite has changed, and the industry has no major disadvantages for the time being, so they continue to buy. Dividends are also used to buy back.
However, tobacco is a shrinking industry. Don't invest too much money. Just match it properly.
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102461281 : Wondering why tobacco is an ever-shrinking industry
勇敢韭韭不怕困难 OP 102461281 : There are fewer and fewer smokers.
102461281 勇敢韭韭不怕困难 OP : Is it because of e-cigarettes?