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To: Dan Packer who wrote (2589)12/2/1997 4:00:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 78652
 
Dr.(?) Packer, re: tobacco

Don't know how to respond. "having trained in competitive places"
- where? IMO, it might take training in a poor place to
really understand some stuff. At Vanderbilt I missed a lot of
the humanity that I see here at Memphis. Next year, I'm at Stanford
(back to the "competiive places"), so maybe I'll regain my ideals
and go back to attacking the pathophys rather than patient (lack of)
responsibility.

"Doctors are just health engineers...squeeze salaries." Boy I
hope not. IMO, there are many good-intentioned doctors, and a lot of
the idealistic ones that took on $150-200,000 worth of debt because
they really wanted to help are getting hurt the most by the $80,000
salaries. "drecky management" - So should physicians be allowed
to form unions and strike? I think the lay public doesn't realize
how little most residents think about money. Load after load of
naivete is being fed into the mouths of the marketplace and its
resident monster, managed care.

I don't know that there's a balloon to be popped. I just see a lot
of gray.

Good Investing,
Mike