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According to Irwin Kellner, the Manufacturers Hanover tobacco expert, the ratio of net profits to stockholders equity has been consistently higher for the tobacco companies than for manufacturing industries as a whole, and is getting higher all the time

But this was cross-sectional and observational it can't prove causation

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To satisfy their nicotine cravings, they may inhale more deeply or smoke more frequently, leading to greater cumulative exposure to tobacco and its harmful constituents