[agi] Development cost...

2005-06-11 Thread DGoe
Drug companies pour millions and sometimes more into drug research... This takes a large expected return to cover the cost of development and testing. Dan G >From : J.Andrew Rogers <[EMAIL PROTECTED]> To : agi@v2.listbox.com Subject : Re: [

Re: [agi] Development cost...

2005-06-11 Thread J . Andrew Rogers
On Jun 11, 2005, at 10:45 PM, [EMAIL PROTECTED] wrote: Drug companies pour millions and sometimes more into drug research... This takes a large expected return to cover the cost of development and testing. Sure, the junk bond model. Build a portfolio of investments with a reasonably well-kn