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Biotech / Medical : T/FIF, a New Plateau -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (521)6/28/2001 9:10:43 PM
From: scaram(o)uche  Respond to of 2243
 
A nice guy just called to discuss a biotech investment.

He was not sufficiently diversified.

The very basic lesson with respect to biotech investing....... construct a basket. I prefer leveraged baskets of early-stage, big-science companies. Most who advise in this field recommend stocks at the opposite end of the marketing spectrum. But EVERYBODY is clear on the fundamental rule...... construct a basket of companies. Risk needs to be distributed.