Guy Spier thinks that investing in the healthcare sector is a dangerous proposition.
Why?
He believes that at some point in every healthcare business there will arrive a situation where what is best for the healthcare business is not what is best for the patient. That is a moral dilemma.
It is Spier's choice to avoid having to be involved in a business where his best financial interests could be directly opposed to the health of another human.
Watch the video below for his thoughts on healthcare investing: