Wellpoint

Finding Value in HMOs

Finding Value in HMOs

HMOs appear to be perfect stocks for today’s market. They have good balance sheets, terrific free cash flows and recurring, highly economics-insensitive revenues.

You Dont Have to Be Sick To Own HMOs

You Don’t Have to Be Sick To Own HMOs

You want to buy straw hats in the winter. This sums up an important kernel of successful value investing: making decisions that are unpopular at the time.