Saturday 9 July 2022

Investing in Pharmaceuticals

Investing is very risky. Hence, it is important to do thorough research of the companies that you are investing in. The share price of Berkshire Hathaway is currently the most expensive in the world due to the fact that this holding company is the brainchild of Warren Buffett who is the godfather of modern day investing. After looking at the assets owned by Berkshire Hathaway, it is evident that since the COVID-19 pandemic they have invested more in pharmaceuticals. Pharmaceutical companies such as Pfizer, Merck, Teva, Bristol-Myers-Squibb, and Abbvie Inc. are some examples of assets that are owned by Berkshire Hathaway.

It is without a doubt that a healthcare boom is coming as predicted by Michael Lee-Chin in a strategic initiative letter in 2021. More investors such as Warren Buffett are starting to research pharmaceutical companies to see which one will be the best to invest in. That pharmaceutical company will probably have the next great medical breakthrough in genetics. Medical Laboratories will be some of the largest publicly-listed companies in the future since DNA will replace software as the most popular product on planet Earth. On the Jamaica Stock Exchange there are pharmaceutical companies such as Fontana, Medical Disposables and Indies Pharma that you can invest in. 

Disclaimer: This information should not be taken as investment advice. Please contact your licensed investment advisor before making any investment decision.

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