Yesterday, I came across a post by Aaron Task for Tech Ticker (Yahoo! Finance) that talked about the interest of legendary investors Warren Buffett and George Soros in healthcare technologies. Task wrote:

Aside from immense wealth, these two legendary investors have at least one other thing in common: Both are making big bets on healthcare technologies, specifically those involving vaccines, says James Altucher, managing director of Formula Capital and columnist for The FT and Street.com.

Altucher, who literally wrote the book on Buffett’s trading, says the “Oracle of Omaha” is actually more focused on demographics than classic valuation metrics, contrary to popular mythology. What Buffett and Soros both see is a world with aging populations in the developing world, greater demand for vaccines in the emerging markets, and the potential for pandemic diseases that threaten all of humanity.

Photo by Stefanie L., stock.xchng

Task, who interviewed Altucher for Tech Ticker, added:

Rather than fearing the worst-case scenarios, these billionaires are making big bets on them via investments in names like Glaxosmithkline, Sanofi-Aventis, Johnson & Johnson, MAP Pharmaceuticals, Savient Pharmaceuticals, and others.

The 4 minute 22 second video of the interview can be accessed through the Yahoo! Finance site here.

Source:

“Buffett, Soros: Betting on Biotech, ‘End of the World’ Plays”
Aaron Task
Yahoo! Finance (Tech Ticker), April 17, 2008