Replies to post #120914 on Biotech Values

[DewDiligence]

…with [S&P 500] in the 1300s…now is not the time to buy. These are certified blue chip companies and they will correct when the mkt corrects. Why buy now, when I can buy later cheaper?

I would submit that the 20* blue-chip stocks in #msg-60616460 are sufficiently cheap that they ought to weather any storm short of a worldwide calamity (in which case our investments won’t matter anyhow). Thus, I take issue with the notion that you will necessarily benefit from waiting awhile before buying these names. Regards, Dew

*Actually, 21 stocks since I added PKI to the list.