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DewDiligence

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Re: steveporsche post# 134057

Sunday, 01/01/2012 11:30:34 AM

Sunday, January 01, 2012 11:30:34 AM

Post# of 257580
S&P and the other companies who create indexes are behind the times and haven’t yet realized that the “drug” industry and the “biotech” industry have converged. Half of the 10-biggest drugs in the world are now biologics, and yet the companies who sell them are not deemed to be biotechs? That makes no sense, IMO.

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

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