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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

NOTE

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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