Okay – I am sure the title fools you, but I thought it may be clever to have one think – what are Bert and Lanny up to now? Are they okay? Yes – we are okay and no – we do not have a physical Cigarette problem. It comes down to the fact that I (Lanny) own both Lorillard (LO) and Phillip Morris (PM). I have had a discussion with Bert on the right plan of attack with holding Lorillard and PM looking at a very low price point/strong valuation. Here is the cigarette problem I am facing.
