This is what John Maynard Keynes said about the Marshmallow Experiment. My translation/interpretation in brackets.
“But this long run [Waiting an extra 15 minutes] is a misleading guide to current affairs. In the long run we are all dead [You might never get to enjoy that second marshmallow]. Economists [Weed smoking child psychologists from Palo Alto] set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again. [We should all live forever, and then we can eat all the marshmallows in the world]” Keynes passed away in 1946 before eating his second marshmallow.
Note: Keynes was cremated. And to this day, economists world wide will roast marshmallows to honor the great supply-sider on his birthday.
Granted, I think I have a different set of intermediate expectations than many others. But those expectations have been sufficient to cause me to hold a decent sized position.
Thermo, you said:
My guess is Advent will become a subsidiary of Northwest. I think management understands that potential conflicts have to be eliminated.
Looking at management's NWBO equity linked exposure it makes sense.
If they want to graduate to the oncology big leagues, they have to do it.