Long Runways

Nothing here is investment advice, opinions solely my own.

[Long Runways @LongRunways]

God, grant me the serenity to accept the things that are secular, the courage to discount the things that are cyclical, and the wisdom to know the difference.

[Long Runways @LongRunways]

@Chariot_Invest He’s easy to want to dunk on, but he was spot on with Google

[Long Runways @LongRunways]

@JerryCap Bears

[Long Runways @LongRunways]

@JerryCap Read 500 pages a day they said…

[Long Runways @LongRunways]

@GrantHesser Thanks for sharing your thoughts. Does the civil investigation turning criminal impact your view that this is the best run? I know there’s been investigations for decades across several payors but those had always been on the civil side.

[Long Runways @LongRunways]

@quinwoodlncap Joe Peta’s view in Moneyball for the Money Set is that no PM’s he’s studied make money in sizing, a pretty controversial view

[Long Runways @LongRunways]

@ErnestWongBWM Odds you think they can land this one?

[Long Runways @LongRunways]

@TheTipasa Makes sense, thanks for the explanation!

[Long Runways @LongRunways]

@TheTipasa I see what you are saying. Is the VA cohort frequently used in studies to stack the deck in favor of showing XYZ drug moves the needle?

[Long Runways @LongRunways]

@TheTipasa What do you mean?

[Long Runways @LongRunways]

@marc_slans Sentimental hogwash.

[Long Runways @LongRunways]

@fabknowledge Flip the chart and it’s still up and to the right

[Long Runways @LongRunways]

@WaterworldCapi1 If you get a water with lunch, but then press the “soda” button for sparkling water, is that stealing or fair game?

[Long Runways @LongRunways]

@EnergyCynic How is oil production not just one big prisoner’s dilemma?

[Long Runways @LongRunways]

@TheTipasa What kinds of things are in these boxes?

[Long Runways @LongRunways]

@TheTipasa What does it mean?

[Long Runways @LongRunways]

@TidefallCapital

[Long Runways @LongRunways]

@neverhedgecap In the short / medium term it’s all about risk/reward and catalysts. In the long term you’ll just track the fundamentals. So yeah it works.

[Long Runways @LongRunways]

@TheTipasa Pharma is such a low % of total systems costs that it’s not a big driver, and when these things go generic it’s a big dividend to mankind. The games they play are egregious, no doubt, but when you lay out to the numbers all fingers point to the providers.

[Long Runways @LongRunways]

@TheTipasa Providers price gouge under the banner of “quality” and “innovation.” Insurers are the only ones in the system with any incentive at all to fight it (opportunity to gain market share with better priced plans) but ultimately give in as inflation grows their business as a whole

[Long Runways @LongRunways]

@RadnorCapital Is it really market share if you invented the market?