I'm not familiar with this sector so I usually keep my hands off. However, I have to say that, much to my reluctance, for the first time Buffett buying—and not a small amount—really changes my view. Maybe the problems there aren't that bad after all, and I'm now wondering whether it's not too late to come up with something speculative. I don't want this long term. 😊
I bought mainly after that drop and I already have a fairly large position. Yesterday's news that $BRK-B is buying their shares also made me happy, so we'll see how much the stock rises today.
They've bounced off the bottom, but those problems haven't gone away. On the other hand, the company is certainly worth far more than its shares currently imply, so over time it should gradually return to that value.
I steer clear of health insurance when building a portfolio - it’s an opaque business (regulation, cost-related risks and macroeconomic factors). I view them as speculative...
I don't want to invest in this segment anymore, the healthcare sector is unpredictable, but I believe the stock could bounce back.
It's currently my largest position. I've been buying since May at an average price of $255.
I'm not familiar with this sector so I usually keep my hands off. However, I have to say that, much to my reluctance, for the first time Buffett buying—and not a small amount—really changes my view. Maybe the problems there aren't that bad after all, and I'm now wondering whether it's not too late to come up with something speculative. I don't want this long term. 😊
I bought mainly after that drop and I already have a fairly large position. Yesterday's news that $BRK-B is buying their shares also made me happy, so we'll see how much the stock rises today.
They've bounced off the bottom, but those problems haven't gone away. On the other hand, the company is certainly worth far more than its shares currently imply, so over time it should gradually return to that value.
I steer clear of health insurance when building a portfolio - it’s an opaque business (regulation, cost-related risks and macroeconomic factors). I view them as speculative...