Monday, March 3, 2014

Ted Weschler's healthcare investing filters

In his CNBC appearance this morning, Ted Weschler mentioned the 3 filters he uses when investing in healthcare company stocks (and why he thinks DaVita passes all the filters):
1) Does the healthcare company deliver better quality of care than somebody could get anywhere else?
2) Does it deliver a net savings to the healthcare system? 
3) Do you get a high return on capital, predictable growth, and a shareholder-friendly management?