Mark Cuban on Drugs, Investing, and Advice for Jeff Bezos
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 20 November 2022
⏱️ 19 minutes
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| 0:00.0 | Insulin is a good talking point, right? |
| 0:03.6 | So the manufacturers talk all the time about how their net price, how their net revenues |
| 0:08.6 | per mile of insulin has dropped continuously over the past, you know, half decade to decade |
| 0:14.8 | while the price to consumers has unfortunately gone up for insulin. |
| 0:19.5 | So everybody gets upset about the price of insulin, but it's not the manufacturer that |
| 0:23.6 | typically sets the retail price. |
| 0:30.2 | I'm Chris Hill and that's Mark Cuban. |
| 0:33.0 | You may know him from Shark Tank or is the long time owner of the Dallas Mavericks, but |
| 0:37.9 | he's also disrupting part of the healthcare industry. |
| 0:40.6 | I caught up with Mark to talk about his new online pharmacy business, how some incentives |
| 0:46.2 | in the healthcare industry are misaligned, and is advice for Jeff Bezos. |
| 0:51.3 | He's Bezos really wants to become the owner of an NFL team. |
| 0:58.3 | Let's talk about Cosplus drugs. |
| 1:00.5 | And I do want to get into the what? |
| 1:03.4 | I want to get into the nuts and bolts of this business, but I have to start at a much |
| 1:08.3 | higher level, Mark. |
| 1:09.4 | And I guess my first question for you is, why would you take this on? |
| 1:15.1 | You can kind of do anything you want in the world of business and you have decided to attack |
| 1:22.9 | a garden that is riddled with thorns. |
| 1:25.4 | There are beautiful flowers in this garden, but there are so many thorns in the prescription |
| 1:30.5 | drug industry. |
| 1:31.7 | Why did you decide to take on this challenge? |
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