The Helical Portfolio, focused entirely on the healthcare sector, is now 3-1/4 years old. It was worth $50,173.96 when it started and has performed admirably over the past few years. I reported just twice on the portfolio during the past quarter. I commented twice in my annual update (part 1 and part 2) and then again when the portfolio achieved its first doubling (hopefully with more to come). It has pulled back a bit since I reported the doubling (what a surprise – LOL), but still performed quite well in the quarter. I’ll first discuss the number of changes I made before commenting more on performance metrics. [more]
The Helical Portfolio owns two health insurers, Wellpoint and Heath Net. Health insurance, like other forms of insurance, is likely to be with us for quite some time. But in what form? Currently, size matters, as contracts with large and multi-locationed employers are key. Yet, change is here. Exchanges are now letting consumers select, a process that isn't easy. And we may well move increasingly from a dominent 'employer provided' to 'empolyer reimbused' model. Who wins there? Local 'narrow network' providers have done well on exchanges (MA model), as they can pass on cost savings with limited networks. [more]
Helical Portfolio Doubles!
They made a small change in the URL from previous years, so the link for presentations was harder to find this time. I used to just adjust the number. [more]