invitation to madamanswer to comment, page-45

Hmmm,

Just what about the top 10 article you cite screams biotech. Ok, so health and tech are well represented as growth markets (as you'd expect) but the 3 healthcare companies mentioned are in distribution, retail and primary care.

Established pharma companies certainly are very profitable (Refer MSCI health care index)

https://www.msci.com/documents/10199/c41a73d1-9037-4dbd-a175-703d3bb77ae6

but scale is clearly a big factor, which sort of backs Madamswers earlier points doncha think? Not saying smaller innovative players with good science can't make it but I'm not sure how the article you cite supports your argument.

I'm also not sure who the "everybody" would have been who thought you were going to lose your money on CSL. In those days I recall people saying it was being sold by the government on the cheap. You certainly didn't need to be an investment genius, just get in line for the privatisations. Did you get some Qantas, Telstra and CBA as well?

I wouldn't presume to know whether Musky has an SMSF or if she/he is a conservative investor but the funny thing to me is that if he/she was then she/he would almost certainly have more of an interest in the companies referenced in your article than you would.

Apart from telling us how clever and successful you are and having a go at musky, just what is your point?