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DewDiligence

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DewDiligence

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Re: semi_infinite post# 21053

Tuesday, 03/03/2020 3:39:54 PM

Tuesday, March 03, 2020 3:39:54 PM

Post# of 30495
ZBH/SYK/SNN—More on same topic—(echoes comments in #msg-154039882):

https://www.marketwatch.com/story/coronavirus-has-slowed-down-elective-surgeries-in-china-hurting-device-makers-2020-02-20

Bad: These companies sell products for elective surgeries such as knee and hip replacements.

Good: A temporary slowdown (or total halt) in elective surgical procedures can be made up later, to a large degree, inasmuch as the medical conditions that benefit from these kinds of procedures are chronic.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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