UnitedHealth is falling, should you buy?... Plus, Canadian Tire acquires Hudson’s Bay, Middle East invests $2.5 trillion in U.S, Uber launches fixed-route shuttle, U.S., China pause tariffs, and more.
I have no opinion about (or understanding of) UNH, but using the same logic of generalized hatred would have prevented you from investing in a long list of highly profitable companies such as Philip Morris and/or Altria (before their separation, the best investment compounder ever according to H. Bessenbinder’s study), any of its competitors, and just to name a few, Manville (acquired by W. Buffett’s BRK), John Malone’s cable companies on their many incarnations and spinoffs, Nelson Peltz’ consolidation of the asbestos-plagued metal can industry, even Mallinckrodt that was a high-flyer for years before its true nature was revealed.
Been buying UNH. I don't understand the CDN health care system..waiting 9 months for a MRI or 2 years+ for a knee or hip replacement 🤔 can you even call that a health care system?
I have no opinion about (or understanding of) UNH, but using the same logic of generalized hatred would have prevented you from investing in a long list of highly profitable companies such as Philip Morris and/or Altria (before their separation, the best investment compounder ever according to H. Bessenbinder’s study), any of its competitors, and just to name a few, Manville (acquired by W. Buffett’s BRK), John Malone’s cable companies on their many incarnations and spinoffs, Nelson Peltz’ consolidation of the asbestos-plagued metal can industry, even Mallinckrodt that was a high-flyer for years before its true nature was revealed.
No, that’s fair. It’s these issues and my ignorance that make for high opportunity cost. Even so, growth isn’t enough for my goals.
But that’s me. Impeccable business. I don’t think they’re done for.
Been buying UNH. I don't understand the CDN health care system..waiting 9 months for a MRI or 2 years+ for a knee or hip replacement 🤔 can you even call that a health care system?
Haha, you make a fair point, Simon!
Agree with you on UNH: just too much going on. I wouldn't be able to sleep at night
Agreed. And I say this holding Google.