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DewDiligence

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DewDiligence

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Re: DewDiligence post# 205586

Tuesday, 01/10/2017 11:47:32 AM

Tuesday, January 10, 2017 11:47:32 AM

Post# of 257275
ZBH +6% on pre-announced 4Q16 results:

http://finance.yahoo.com/news/zimmer-biomet-announces-fourth-quarter-123000842.html

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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