flavored tobacco california ban U.S. Supreme Court declines to block California's on cigarettes Flavored Tobacco & Electronic Cigarette

We now know that it's the hundreds of chemicals, additives and addictives (thousands of which are present in cigarette smoke) that make tobacco a deadly plant

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In other words: Holdings with lower expected risks and higher expected returns should have larger position sizes Holdings with higher expected risks and lower expected returns should have smaller position sizes There are a million ways to do this, but I start by categorising holdings as defensive or cyclical and give them a default size of 4% or 3% respectively (I'm looking to hold around 20-25 companies, so 3-4% each is in the right ballpark)

Its not a mockery of bloodsports