a: Biotech investing ~
b: Gambling In Vegas
What: "Why Biotech Investing Is Like Gambling In Vegas"----see the Forbes Article about the pitfalls of Biotech investing. I say it's more like donating to charity. It's something only the rich should dabble in 'cause you'll probably loose all your investments. And the comparison to Vegas is weak. If you know what your doing gambling, say 21 and dice, the odds are know and are manageable. The Biotech odds are in the 1/10 or 1/50 range. Not a good bet by any stretch of the imagination.
Writer: Robert Langreth
Date: Dec 28 2010 2:03 AM
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