Sunday, January 13, 2019

Buying Bayer

Bayer is a120 years old German chemical company, the best of the best. It made the mistake of buying Monsanto, an American agricultural chemicals company, producer of glyphosphate herbicide. Der Spiegel has a decent article on the following debacle and crash of Bayer's worth. Since I know that the product is not toxic and it is being attacked by the green ecology movement without any scientific basis, I believe that stupidity will not prevail and Bayer will extricate itself from this "migraine". Bayer is a buying opportunity. That company have made many people wealthy in the past, and I expect to keep prospering in the future. 

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