Like many other businesses that went through the IPO process in 2014, Kite Pharma (KITE) is involved in the biotechnology and healthcare industry. The small companies in this industry aim to focus on one area in the hope of finding a profitable solution to a disease that is currently not served adequately, or one that is completely untreated.
At one point last year I was with a zero weight in the overvalued healthcare sector.
What is notable about this is being zero weight in a ‘defensive’ sector even though the market was overvalued and my strict policy is against taking big sector bets.
As with most areas of interest considered a craft, the tools of the trade can often separate a professional from a novice. While there are many substitutes or alternatives that can be used in a pinch, having the right bar tools will make creating cocktails from recipe or scratch not only easier, but more fun.
From a young age, Christopher Gersch has had a fascination with airplanes. Growing up in Rolling Meadows, Ill., northwest of Chicago, he had a direct line of sight to O’Hare Airport every day.
“I would see 747s turn above my house toward their final approach and I would wonder where they had been, where they were going and what it was like to fly for a living.”