Stick to familiar companies

Stick to familiar companies

Good reminder from Howard Lindzon to stick to what you know when it comes to investing. Buffett stresses this in his investment philosophy as well.

Valeant never interested me on the way up. Pharmaceuticals and biotechs are too complicated for me to understand. Wall Street and greedy executives take advantage of these complications.

via Dirty Money and Pharmapalooza at Howard Lindzon

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