Suddenly, it’s as if everybody can have their cake and eat it too…. But can they, really? The ripple effect of the potential impact of the new miracle weight loss drugs is reaching a point of – to be blunt – absurdity. Just yesterday Bloomberg quoted a Walmart (WMT) executive as saying the new miracle weight-loss drugs are having an effect on how people shop for food.
Everyone would love to live longer and be healthier, and much like the equity markets, "due diligence" cannot hold a candle to the allure of "great news". I took baby aspirin for years until yet another - longer term - study indicated that was fruitless. As are multivitamins, apparently. Who knew?
Spectacular article as always - particularly since you nailed BUYING one of the stocks early-on. Not easy to have a "long" on a winning stock and then be open-minded and honest enough to call-out the other side. The euphoria around these drugs and the implied pricing and adoption rates seem difficult to digest (sorry, had to). For humanity's sake I hope they do indeed work but even then pricing cannot hold here and competition is already coming and, hopefully, bringing us better, safer, cheaper - the hallmarks of a functioning capitalist system!!
I take Mounjaro to lower my A1C. My fasting blood sugar was always good, but my A1C said I was diabetic. I spent 3 months on the starter dose of 2.5mg, 2 months on 5mg, 1 month on 7.5mg and will start 10mg this month. The biggest benefit for me was going from stage 4 chronic kidney disease back up to stage 2. This hasn’t even been mentioned in studies. Sugar molecules are bad for your kidneys when you do not use insulin effectively. My kidneys have recovered. My weight loss is 30 pounds, which has been wonderful for my arthritis. I have zero cravings for salty snacks. No chips, pretzels, popcorn, etc. But, I do crave licorice for some reason. Can’t figure that one out. I’d like to stay on it for life. Prescryptive Health covers my cost, but I pay a $99 coinsurance. When I retire in 3 years, it won’t be covered by Medicare. Whether I want to spend 1/4 of my social security check for a single drug is the question.
"Pre-Diabetic" is treatment fraud. Only 3% of people designated "pre-diabetic" ever progress to "diabetic" (untreated!) Yes, every type II diabetc *was* "pre-diabetic" - but they were also 3 years old once. One does not "predict" the other, just precede it.
I *am* diabetic, on medication to stabilize - but no way can afford $1500+/mo for something like Ozempic. It's use seems to be dominated by the affluent who want to be *seen* to afford it
Everyone would love to live longer and be healthier, and much like the equity markets, "due diligence" cannot hold a candle to the allure of "great news". I took baby aspirin for years until yet another - longer term - study indicated that was fruitless. As are multivitamins, apparently. Who knew?
Spectacular article as always - particularly since you nailed BUYING one of the stocks early-on. Not easy to have a "long" on a winning stock and then be open-minded and honest enough to call-out the other side. The euphoria around these drugs and the implied pricing and adoption rates seem difficult to digest (sorry, had to). For humanity's sake I hope they do indeed work but even then pricing cannot hold here and competition is already coming and, hopefully, bringing us better, safer, cheaper - the hallmarks of a functioning capitalist system!!
I take Mounjaro to lower my A1C. My fasting blood sugar was always good, but my A1C said I was diabetic. I spent 3 months on the starter dose of 2.5mg, 2 months on 5mg, 1 month on 7.5mg and will start 10mg this month. The biggest benefit for me was going from stage 4 chronic kidney disease back up to stage 2. This hasn’t even been mentioned in studies. Sugar molecules are bad for your kidneys when you do not use insulin effectively. My kidneys have recovered. My weight loss is 30 pounds, which has been wonderful for my arthritis. I have zero cravings for salty snacks. No chips, pretzels, popcorn, etc. But, I do crave licorice for some reason. Can’t figure that one out. I’d like to stay on it for life. Prescryptive Health covers my cost, but I pay a $99 coinsurance. When I retire in 3 years, it won’t be covered by Medicare. Whether I want to spend 1/4 of my social security check for a single drug is the question.
"Pre-Diabetic" is treatment fraud. Only 3% of people designated "pre-diabetic" ever progress to "diabetic" (untreated!) Yes, every type II diabetc *was* "pre-diabetic" - but they were also 3 years old once. One does not "predict" the other, just precede it.
I *am* diabetic, on medication to stabilize - but no way can afford $1500+/mo for something like Ozempic. It's use seems to be dominated by the affluent who want to be *seen* to afford it
Thanks for the insight, Danny!!!
Impressive! We’re you a diabetic?
One other question Danny: will you have to stay on this for life?