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John Crowley - Biotech's Chief Evangelist - [Art of Investing, EP.15]

Joys of Compounding

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Insights on Biotech Investing: Focus on People and Diversification

The key insights for successful biotech investing are to focus on understanding the management teams and leadership in biotech companies. It's crucial to assess their character, vision, honesty, persistence, and passion as biotech investments often face unique and challenging situations. Additionally, biotech investments require deep understanding of the people, culture, values, and vision involved, as well as a high tolerance for risk-taking. Furthermore, diversification is essential in biotech investing due to the unpredictable nature of the industry, even when presented with potentially groundbreaking ideas or technologies. Lastly, thorough due diligence, personal meetings, and in-depth knowledge of the individuals behind the biotech companies are crucial for making informed investment decisions, as not all promising leads in the biotech sector ultimately succeed.

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