In order to build a resilient investment portfolio, we wanted to understand the trends over the past five years in healthcare so we turned to Census data and picked up the following data sets and highlighted some interesting findings.
We were intrigued by the higher percentage growth numbers of Mental Health and Mental Health and Substance Abuse Centers. Despite Covid, these numbers continued to grow whereas all other patient numbers dropped off in other categories.
The continue growth in mental disorders and the growing aging boomer population along with general dystopia in the broader global population re-affirmed our recent investments in our growth portfolio that center around treating mental disorders through the use of non-traditional methods. We consider our growth portfolio to be highly speculative and complement those investments with more defensive stocks that include stocks with traditional medical treatments.
The data however seems pretty clear, with an aging global population, boomers projected to suffer from various mental illnesses and younger Gen X and Millennials suffering from greater mental health issues, we are confident that our investments are moving in the right direction.
Stay tuned for more posts on this topic…