ZBH is a major beneficiary of The Global Demographic Tailwind. However, the CEO just misspoke on the JPM webcast in saying that the number of people age 65+ will increase 20% by the end of the decade. He presumably meant the end of the next decade (i.e. 2030).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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