A Chicago lawyer named Russ Gremel walked into a brokerage in 1945 with $1,000 and a theory so simple it barely qualified as an investment thesis. He figured people would always need medicine and women would always buy makeup, so he bought shares in Walgreens (WBA) and promptly forgot about them. Seventy years later, when […]
Tag Archives: (ABBV)
Mad Hedge Biotech and Healthcare Letter August 28, 2025 Fiat Lux Featured Trade: (A PERFECTLY EXECUTED FIANCHETTO) (ABBV), (AMZN)
I was 12 years old, sitting across from this grizzled chess master in Washington Square Park – one of those guys who could probably beat you blindfolded while eating a hot dog. He demolished my carefully planned opening in about six moves. While I was proudly moving my knight to what I thought was a […]
Mad Hedge Biotech and Healthcare Letter July 17, 2025 Fiat Lux Featured Trade: (BIOTECH’S GRAY FOX) (AMGN), (ABBV), (PFE), (REGN)
Every investor has a stock they own, not for the adrenaline rush but for the steady hand it provides. Years ago, that meant a ladder of Treasuries and a bottle of Tums. Today, it might just be Amgen (AMGN). You won’t find it trending on Reddit or being whispered about in hedge fund chatrooms. It’s […]
Mad Hedge Biotech and Healthcare Letter June 17, 2025 Fiat Lux Featured Trade: (THE ART OF WAR, IMMUNOLOGY EDITION) (ABBV), (NVO), (LLY), (JNJ)
Last month, as I pored over pharma earnings with a strong espresso and a stronger sense of deja vu, I was reminded why I swapped the lab coat for a Bloomberg terminal four decades ago. Markets may not speak Latin, but they sure know how to butcher nuance. And AbbVie (ABBV), dear readers, is a […]
Global Market Comments March 24, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or THE SPECIAL NO CONFIDENCE ISSUE) (GM), (SH), (TSLA), (NVDA), (GLD), (TLT), (LMT), (BA), (NVDA), (GOOGL), (AAPL), (META), (AMZN), (PANW), (ZS), (CYBR), (FTNT), (COST) (AMGN), (ABBV), (BMY), (TSLA), GM), (GLD), (BYDDF)
It’s official: Absolutely no one is confident in their long-term economic forecasts right now. I heard it from none other than the chairman of the Federal Reserve himself. The investment rule book has been run through the shredder. It has in fact been deleted. That explains a lot about how markets have been trading this […]
Mad Hedge Biotech and Healthcare Letter March 4, 2025 Fiat Lux Featured Trade: (A PHARMA GIANT BUILT FOR THE LONG HAUL) (ABBV)