
TIP528: Mastermind Q1 2023 w/ Tobias Carlisle and Hari Ramachandra
We Study Billionaires - The Investor’s Podcast Network
00:00
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.
Play episode from 01:17:01
Transcript


