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For the overwhelming majority of smokers, tobacco use is not in fact an adult choice; it is the result of an addiction that began when they were in high school or younger, and one that they are trying hard to kick

Some of that fall has been offset by the rapid ascent of vaping

That is what Ben Graham meant by having a margin of safety

The WHO estimates imply that smokers have an average of ten fewer years of healthy life this translates to roughly half of smokers dying of smoking-related causes, and members of that group living 20 fewer years of healthy life on average