Investing in the Future of Health Care with Mike Taylor | Ozempic, Cancer, Aging and More
Excess ReturnsMarch 08, 202400:55:48

Investing in the Future of Health Care with Mike Taylor | Ozempic, Cancer, Aging and More

In this episode, we are joined by Mike Taylor, manager of the Simplify Health Care ETF (PINK). Mike is one of the best health care investors out there and has managed portfolios for Oppenheimer and major hedge funds like Citadel and Millenium. PINK is the only ETF in existence that donates all its profits to charity with its proceeds benefitting the Susan G. Komen foundation. We talk to Mike about the exciting developments going on in the health care space and how he thinks about constructing a portfolio to profit from them. We also discuss his work as a scientist, the lessons from his hedge fund career and his views on the current macro environment.

01:55 - The idea behind the PINK ETF
05:28 - Mike's work as a scientist
06:13 - Transitioning from a scientist to a hedge fund
10:46 - The pros and cons of coming from outside the investing world
15:06 - Are there quantitative parts of Mike's process?
17:07 - The main categories of health care
20:58 - The exciting future of health care
26:04 - Slowing the aging process
27:43 - The future potential of cancer treatment
29:03 - The impact of AI in health care
29:56 - The future potential of GLP-1 drugs
32:52 - A bottom-up approach to building a health care portfolio
35:15 - The difference between managing a hedge fund and an ETF
37:29 - Mike's thoughts on portfolio concentration
40:34 - How Mike views valuation
45:20 - Managing investments with binary outcomes
48:41 - Mikes views on macro and inflation
55:05 - The one lesson Mike would teach the average investor

FIND OUT MORE ABOUT PINK
https://www.simplify.us/etfs/pink-simplify-health-care-etf

FOLLOW MIKE ON TWITTER
https://twitter.com/Mike_Taylor1972

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FIND OUT MORE ABOUT VALIDEA
https://www.validea.com

FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com

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