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A comment on Amazon, Berkshire, JPMorgan to Create Healthcare Company. Parent comment

Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company by ihsw2 on Tuesday January 30, 2018 @09:25AM (#16265488)
Vanguard took decades to gain any traction and it was managed well enough to ensure it didn't prematurely burn out, and not only that but Jack Bogle spent his entire life evangelizing low-cost in an environment where "cost is no object" was a common mantra.

Not only that but the healthcare industry has extraordinarily high financial and legal barriers to entry.

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Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company by nabla9 on Tuesday January 30, 2018 @09:41AM (#16265601)
>extraordinarily high financial and legal barriers to entry.

If there is a company with enough muscle to force themselves into the business, it's Berkshire.

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Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company by ihsw2 on Tuesday January 30, 2018 @11:38AM (#16266662)
Considering their already extensive ground in insurance and JP Morgan's financial acuity, Amazon is in good hands. I know I'm hoping they encounter some success.
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Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company by 013a on Tuesday January 30, 2018 @09:36AM (#16265567)
> Managed well enough

Unlike Amazon and Berkshire, two of the best managed companies humanity has ever created?

> Extraordinarily high financial and legal barriers to entry

Unlike financial companies?

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Re:Amazon, Berkshire, JPMorgan to Create Healthcare Company by ihsw2 on Tuesday January 30, 2018 @11:37AM (#16266653)
There are extraordinarily high expectations in the finance industry but the only barriers are regulatory compliance (with regards to fiduciary duty) and convincing people to throw money at you.
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