Post #116 by PhoolishPhilip on the Falling Knives board

Investment Strategies / Falling Knives

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I opened a small position in early April and have seen it decline 12% since then. The big problem are the PFAS "forever chemicals". There could be unknown liabilities buried there should the harm be established. While they are phasing them out, the lawsuits could produce an asbestos situation for the company. Bottom line is that you have to be willing to hold with that known unknown hanging over 3M's head.

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