by winston » Thu May 19, 2016 7:06 am
Billionaires Bottom Fishing in Health Care
Noted contrarian and billionaire John Paulson doubled down on two beaten down health care stocks last quarter, Endo International and Akorn Inc.
We think this is an interesting move because Paulson like many of the best billionaire investors have literally made billions from buying when everyone else is selling.
Many other top hedge funds remain heavily invested in health care stocks as well, even after their most recent selloff.
Source: Forbes
It's all about "how much you made when you were right" & "how little you lost when you were wrong"