One person, on doing well by others, immediately accounts the expected favor in return. Another is not so quick, but still considers the person a debtor and knows the favor. A third kind of person acts as if not conscious of the deed, rather like a vine producing a cluster of grapes without making further …
I have been thinking about my experiences in the insurance business. As I have written about in this blog, I really enjoy the insurance business. I find it helpful to periodically review the financials of industry firms. Some examples of reviews that led to me posting on this blog: my review of GoodRx, my review …
25 years ago. I graduated from Freedom High School in Bethlehem, Pennsylvania. My impressions of 1996 include memories of brightly lit, nighttime basketball games at the township municipal courts; Memories of driving around with friends, listening to mix-tapes, and arguing over the appropriate place The Roots deserved in the modern zeitgeist; I remember really bad …
“In life, as in chess, forethought wins.” Charles Buxton I have enjoyed the game of chess since learning the rules from my father as a young boy. I remember my dad playing the game with me and describing the importance of “looking ahead to subsequent moves.” He would take an eternity considering his moves and …
My career became my hobby at a (relatively) young age. I found my way into insurance as a licensed salesperson for Northwestern Mutual when I was a junior at Penn State University. Like most people, I did not begin my career with an objective of finding a pathway into the industry. In retrospect, though, I …
I had an inquiry from a friend earlier this week about my impressions of eHealth, Inc ($EHTH) as a possible investment. I was aware of the existence of this broker, but never looked closely at the business. So, I offered to take a look. I have been interested in the continued investments being made into …
I find value in reviewing SEC filings of competitors and vendors I work with. The process of reviewing the Management Discussion and Analysis and financial results, especially, help me feel more informed about the world around me. So, when GoodRX filed its S-1, I certainly intended to review it. Well, I didn’t get around to …
I have been making efforts to periodically, throughout the week, choose an occasion to listen to a webcast on a topic different from my day to day business. This week, Penn State’s Smeal College of Business’ Institute for Real Estate Studies hosted a panel discussion on capital markets in the real estate business with some …
Last year I noticed an article on @WSJ about a possible change to the treatment of rebates from drug manufacturers attributable to government accounts of pharmacy benefit managers (PBM). I posted about it on Twitter when I saw it, as I have been interested in the apparent influence of this source of revenue within the …
It is 5:43pm on Saturday, May 16, 2020. COVID-19 continues to be the topic du jour. My personal objectives today included eating breakfast, power-washing our deck, helping Holger with elementary reading, and attempting to develop some insights on the structure of the pharmaceutical industry. Introductory and meandering thoughts I have been working in the insurance …