Forbes January 17, 2023
“Our goal is… modest: we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful,” wrote Warren Buffett in a 1986 letter to shareholders about the twin contagions of fear and greed in the investment community.
More recently, the real-world Covid-19 contagion drove investment in digital health to record-breaking levels in 2021, roughly double the previous record. Experts gushed (in large part, correctly) about how a silver lining of the contagion was that it had done more to advance telehealth, virtual care and digital health writ large in 10 months than the previous 10 years.
Gravity is a powerful force, however, especially when combined with rising interest rates, continued war and threat...