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Healthcare is the greatest investment theme of the 21st century. Aging populations, rising chronic disease, accelerating innovation — it’s unstoppable.
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In biotech, one FDA approval can make your decade. One FDA rejection can ruin your quarter. That’s the game.
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The best healthcare investors have PhDs and MDs on their team. You can’t evaluate a drug pipeline with a finance degree.
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Generalist investors in healthcare are tourists. They show up when biotech is hot and leave when it’s not.
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I spent 30 years building a reputation in healthcare investing. The math worked. The ethics didn’t, apparently.