if you have seen the you tube vid, then you know he might well have Martha Stewart-ed himself into an anklet! If I were the FEDS, I'd have a go at him over it.
As for mad money...
Yes, ISRG probably is cheap compared to where it will be once the daVinci is as universally installed as I think it will be some day... can you say apple iPod? Imagine how many units if only 20% of all the ORs have one installed some day!
But $300/share... a caviar price to the working man with an IRA or 401K.
ARAY is much more affordable for the person wanting to buy 100 shares to 1000 shares in a retirement account. ARAY will probably serve them well. Maybe 1000 shares of ARAY will serve them as well as 60 shares of ISRG, roughly the same cost!
Frankly I don't care what anyone buys. I can assure you it was less painful to buy ISRG back at 90 than it would be to look at buying today at 317.
I'm delighted to have the opportunity to buy ARAY in the teens rather than in the 30s.
Both are still cheap compared to what they will be in 5-7 years!
IMO...
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett
Recent ARAY News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:40:12 PM
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