Warren Buffett likes food and that stretches beyond burgers and peanut brittle. His second principle listed in the Berkshire Hathaway Owner's Manual has a food metaphor: "In line with Berkshire’s owner-orientation, most of our directors have a significant ...
On the deflationary side, we have TVs. One the end, we have hospital costs. A book full of opinions offers causes and solutions to persistent medical inflation of 2-3x CPI. But let's be practical. To begin to ponder and plan for inflation is to think abo ...
How much do healthcare costs matter to companies' earnings? Relative to earnings they're larger than many think. 24%. That's the median estimated healthcare costs as a percentage of earnings for the S&P 1000 (the lesser-known index sibling of the S& ...
One enduring feature of both investing and health is time arbitrage. This creates a gap where price and value diverge. David Einhorn of Greenlight Capital is one of many hedge fund managers to speak of time arbitrage. "I think one of the inefficiencies in ...
There are things you Google: the population of Dubai, the weather, or quotes on insurance*. There are deeper inquiries: what's a firm's adjusted return on equity over time, management's scorecard from share-buyback timing, what a hospital's collections ha ...
