Healthcare is Changing in 2023

On this week's episode, Jacob, Tom, and Carissa talk about Eli Lilly's announcement of a 70% reduction in insulin costs, which is a huge deal as about 1 in 10 Americans have diabetes. We also discuss Americans piling on debt, the moon's new time zone, the Chinese lab leak, Arm listing on the NY Stock Exchange, and once-in-a-generation snowfall in California.

Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.

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‍Show Notes

The Good

• Eli Lilly's Insulin Price Cap Squeezes Other Drug Makers | Barron's (barrons.com)

The Bad

• Americans in Their 30s Are Piling On Debt - WSJ

The Comical

• Should the moon have its own time zone? (nbcnews.com)

The Head Scratcher

• A Lab Leak in China Most Likely Origin of Covid Pandemic, Energy Department Says - WSJ

What Went On

• U.K. Chip Designer Arm Plans New York Share Listing, in Blow to London’s Stock Market - WSJ
• Home foreclosures are ticking back up (axios.com)
• Key Fed inflation measure rose 0.6% in January, more than expected (cnbc.com)
• Berkshire Hathaway 2022 annual report - The Reformed Broker

Win of the Week

• Activist investors are a good thing for shareholders (not so much for the founders)

Time Machine

• Unusually heavy snowfall on US west coast is ‘once-in-a-generation’ event | Extreme weather | The Guardian

Quote of the Week

• “Best career advice I've heard on how to make money: Lie to people who want to be lied to, and you’ll get rich. Tell the truth to those who want the truth, and you’ll make a living. Tell the truth to those who want to be lied to, and you’ll go broke. Choose wisely.” - Nick Maggiulli

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