Following up on your comments… I think it’s notable that Buffett has never made a move to get into health insurance despite the fact that other forms of insurance have long been the mainstay of the Berkshire empire. One does not have to be a genius to understand why.
Notwithstanding the fact that the stocks of healthcare middlemen are not in the best of health, I’ve been thinking about shorting a basket of such companies as a core position to hold for a few years.
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