Advertisement
New Zealand markets closed
  • NZX 50

    11,931.32
    -2.99 (-0.03%)
     
  • NZD/USD

    0.5944
    -0.0056 (-0.93%)
     
  • NZD/EUR

    0.5588
    +0.0000 (+0.00%)
     
  • ALL ORDS

    8,050.20
    -23.90 (-0.30%)
     
  • ASX 200

    7,788.10
    -25.50 (-0.33%)
     
  • OIL

    87.36
    +2.34 (+2.75%)
     
  • GOLD

    2,434.90
    +62.20 (+2.62%)
     
  • NASDAQ

    18,051.29
    -256.69 (-1.40%)
     
  • FTSE

    8,005.08
    +81.28 (+1.03%)
     
  • Dow Jones

    38,098.33
    -360.75 (-0.94%)
     
  • DAX

    17,916.63
    -37.85 (-0.21%)
     
  • Hang Seng

    16,721.69
    -373.34 (-2.18%)
     
  • NIKKEI 225

    39,523.55
    +80.92 (+0.21%)
     
  • NZD/JPY

    90.8620
    -1.0190 (-1.11%)
     

3 (Good) Reasons Warren Buffett Doesn't Invest in Biotech Stocks

3 (Good) Reasons Warren Buffett Doesn't Invest in Biotech Stocks

There's a pretty good chance Warren Buffett knows a few things about investing that we don't. Let's take a look at three of his most likely arguments against buying biotechs. Biotech stocks are risky, and there isn't really any way of de-risking their line of business, both of which are things that Buffett almost certainly hates about them.