Yes, I wanted something for healthcare, maybe the iShares MSCI World Health Care would have been better after all. Let's see, if Novo doesn't perform, I'll just have to switch again... Why not? What would you have bought in the healthcare sector?
@Multibagger My horizon is 20+ years (retirement provision/long-term portfolio). I can ride out fluctuations (drawdowns) of 30-40% as long as the investment case remains fundamentally intact.
Well, it won't be quite that bad: Novo Nordisk is, after all, the world market leader in insulin - so it's a very big hobbyhorse to ride... In my opinion, it's too short-sighted that everyone is only thinking about weight loss. In the insulin sector we have things like Novorapid, FIASP, Levemir, which pretty much every diabetic should know.
@Multibagger Thanks for the idea! I'll put Biontech on my watchlist. Thanks to the high cash position, the downside risk is well cushioned, so it's more of a bet with a safety net. Nevertheless, the hurdle in cancer research remains high and success will not be a foregone conclusion. Good luck with it! 🤞
@M3nt4list They have 16 candidates in the pipeline. The study results so far have been good and I think 2-3 with blockbuster potential will come through.
