Only $Billion Blunders, DuPont OptimumGAP, DuPont Imprelis, DuPont Theft of Monsanto Seed Know-How
THE WEAK IN REVIEW
Good Morning, Bonjour, Guten Tag, Konichiwa,
Readers, on a historical note this week just past, DuPont first produced its milestone innovation, nylon, exactly 75 years ago yesterday, Feb. 28. The year was 1938. Flash forward to the 21st century. Can any investor come up with the name for a single new high-profit blockbuster product or breakthrough technology coming out of the once prolific and creative laboratories of DuPont in the past 12 years?
Severe cost-slashing, round after round of redundancies, misdirection, and the Company's divisive and demoralising merit-free model for hiring and advancement have taken its toll on the formerly world renown laboratories of DuPont. Promotion at DuPont is largely a matter of political correctness, political games, and forced "Diversity", a function of preferred gender and/or colour.
This much shrunken and marginally managed chemical conglomerate has been in a downward trajectory for well over a decade. Short of fresh outside executive talent replacing the entrenched and inbred DuPont Senior Management TEAM sunk in place like concrete, we do not see profitable change and growth for the Company's long-suffering shareholders. Nor sadly do we see any big money-making new blockbusters emblazoned with the Red Oval on the horizon. DuPont corn cob "gasoline", bad mileage ethanol, still uncommercialised, simply will not make the cut as a blockbuster.
As for MON shareholders, the self-inflicted declination of archrival DuPont can only redound to their benefit.
Merely THE WEAK IN REVIEW digitally penned by one individual investor and long-time student of DuPont in