KittyBruno
07-25

$3M(MMM)$ Firms like MMM, $IBM(IBM)$ , and $General Electric Co(GEH)$ have been around for well over 100 years. They have successfully remade themselves numerous time over their long lives. That is the reason to own them. My basis in MMM is $15. It is $8 in $Wells Fargo(WFC)$ and $2.50 in GE. MMM has made few mistakes in my lifetime, though this latest one was a big one and was not necessary. Lesson learned.

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