This is just my way of looking at it, but it seems a moral way to me. I’m sorry if it makes you uncomfortable, but please give what I wrote some thought.
Saul,
Don’t think you are making me uncomfortable. I really think it is great to discuss our investments, the good, the bad, and the ugly. I really meant it when I said I didn’t know the proper answer for what a cure is worth. I really can’t say what the price should be but I do think that the market will be able to straighten this out. Why shouldn’t a company charge what they can get? This would seem to be the fairest way to look at it. Then, as always happens, other companies will come in with competing products driving down the price. I am not an expert on Medical companies Saul but after the patent runs out can’t other companies come in and create generic versions? This will lower the price down. Pneumonia will never cost anyone 200000 to 300000 dollars because you take antibiotics for it. A lot of antibiotics already have generic formulas.
I can see both sides of the story Saul, believe me, I understand your point and I have thought this out myself. If you go on the boards their are always people objecting to certain investments because they believe they were really immoral. A lot of people were angry with Monsanto, Walmart, Gilead, Tobacco companies, and many others. Some I do not like either, but I find it useless to push my morals on other people. I have found a lot of people on these boards have different views on life and investing then I do. Before coming on these boards I thought I was rather open minded but after listening to so many viewpoints, I found I had a narrow view of the world. But posts like yours Saul, and others have helped to broaden my world. So please do not think that anything you say can make me angry or uncomfortable. I enjoy your posts and only speak up when I feel I need to show a different view point. Not necessarily the correct view point just another way of looking at things.
Thanks,
Andy