Healthcare: How The Scientific Method Can Make You A Better Investor
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 20 April 2016
⏱️ 20 minutes
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Make more profit-friendly decisions by developing a specific and repeatable process for evaluating stocks.
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| 0:00.0 | Why Thinking like a Scientist can make you a better investor on this health care episode of Industry Focus. It is April 19th. |
| 0:15.0 | Welcome to Healthcare Industry Focus. |
| 0:18.0 | I'm your host Christine Hargis and I've got Todd Campbell on the line. |
| 0:21.0 | Todd, how's it going? |
| 0:23.6 | Oh, it's going very well. |
| 0:24.8 | Glad to be here. |
| 0:26.2 | Okay, glad to have you, as always. |
| 0:28.1 | So, Gabby LaPere and John Maxiel |
| 0:30.6 | did a show on Industry Focus last Monday, April 11th, about writing and how learning |
| 0:35.8 | to be a good writer helps you with your investing. |
| 0:38.5 | And we got a lot of really great feedback about that episode, and it is a great one, so make |
| 0:42.2 | sure to give it a listen if you |
| 0:43.5 | haven't already but I have to say I have always been more of a math nerd than an |
| 0:48.4 | English nerd so I had this idea and fortunately Todd was on board with me here. We want to make the argument |
| 0:55.6 | for thinking like a scientist in your investing and how it can help you make better financial decisions. |
| 1:01.6 | So we'll start out by talking a little bit about the overlap |
| 1:04.4 | between science and investing and then we'll do some more health care specific |
| 1:08.3 | stuff. Sound like a plan to add? I think that's a great way to approach and don't you know listeners don't get too |
| 1:14.7 | nervous here you don't you're not going to need to be a scientist to be able to |
| 1:18.7 | invest in health care we're just going to walk you through some thoughts that things that we think that could |
| 1:23.5 | help you in your process. Yeah this is definitely more of a high-level sort of |
| 1:27.9 | episode as opposed to like well if you're looking at this clinical trial data and |
... |
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