chii 1 month ago

the original OP is claiming that the healthcare industry is too profitable. So you have to compare it to something to see if it is too profitable.

2
gruez 1 month ago

Right, but why use Apple ($800 phone every 2-4 years) compared to say, an automaker ($40k in depreciation over 10 years) or a REIT ($2000 in rent every month)? Moreover, why focus on absolute profits? If the healthcare industry split into 3 (eg. doctors, dental, drugs) but with the same margins, does that mean they're suddenly not "too profitable"?

intended 1 month ago

Nothing compares to tech. These are not equivalent comps.