Biotech investing is like dating a narcissist... full of promise, high-maintenance, and one bad result away from total collapse. BUT even “safe” sectors serve you humble pie when they feel like it.
Not in my circle of competence. But I have to say, there are a few with commercialized drugs and consistent revenues and a large enough pipeline that may be worth a look. I am talking about Amgen, Biogen or Genentech.
I have VRTX on the list of backlog of companies to analyze. After researching and writing my investment guides, I use them for analyzing stocks and historical analysis of bankrupt companies and large price declines. I don't even need to use my detailed analysis on cash-burning or tiny biotech stocks; it's a quick no.
Biotech investing is like dating a narcissist... full of promise, high-maintenance, and one bad result away from total collapse. BUT even “safe” sectors serve you humble pie when they feel like it.
lol
Great comparison, man! I’ll stay the hell away from Biotech stocks.
Not in my circle of competence. But I have to say, there are a few with commercialized drugs and consistent revenues and a large enough pipeline that may be worth a look. I am talking about Amgen, Biogen or Genentech.
Those are solid, Shailesh. I’d stay away from young Biotech IPOs. That’s pure gambling.
I agree with this
I have VRTX on the list of backlog of companies to analyze. After researching and writing my investment guides, I use them for analyzing stocks and historical analysis of bankrupt companies and large price declines. I don't even need to use my detailed analysis on cash-burning or tiny biotech stocks; it's a quick no.
Exactly. Investing in Biotechs isn’t worth the risk for me. There are too many unknowns, too many things that could go wrong.