We Study Billionaires - The Investor’s Podcast Network cover image

TIP528: Mastermind Q1 2023 w/ Tobias Carlisle and Hari Ramachandra

We Study Billionaires - The Investor’s Podcast Network

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Buffett's Thoughts on the Current State of the Biotech Industry

The decision on what to invest in is largely out of the hands of the speaker./nBarriers of entry in the biotech and pharmaceutical industries make it difficult for competitors to gain a foothold and drive down prices, hurting the customer more than the company./nThese industries are ripe for competition, but it is likely to happen over time rather than immediately.

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