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#146 with Suleman "Suli" Ali - Voluntarily Selling Our Data, Creating The New Religion and A Fund Making Millions Shorting Pharma Companies
My First Million
Investing in Drugs and the Drug Pipeline
A fund called a b v f invests in publicly traded biote companies that are working on building a drug, or they've got a pipe line of drugs. If something works, that drug ends up being worth ten xs or a hundred acts more valuable than it is to day. And each incremental step of progress, the probability that it can work increases, and that gets reflected in the stock price. That's a concept that makes so much sense and like should exist.
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