Poisoned or Preferred💊Probability

How should we view Pharmaceutical net-net "value" trades

If you have read through a few stock market books, I am sure you recall the moments you suddenly found yourself in front of your first value investing book enamored by the writings of Warren Buffett or Benjamin Graham, a once prominent advocate of value investing. I will tell you that it gave me a new found arrogance to jump to buy my first net net stoc…