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The article specifically says “A large number of these funds are seeing veterinary medicine as a good profit center” which is exactly what I said and fairly obv
by mattmaroon 2y ago
The article specifically says “A large number of these funds are seeing veterinary medicine as a good profit center” which is exactly what I said and fairly obvious. You can’t tell me the article is right one minute and wrong the next.
The article is very poorly written, it says they have spent billions on veterinary practices, dog food brands, and pet insurance companies. Two of these things are not like the others. You’d have to buy a whole lot of veterinary offices, like all of them, to get into the billions. It’s probably an insignificant sum relative to the others.
And all of it just shows they think the pet industry is going to continue to do well. If they’re trying to flip real estate, they are going about it in a really stupid way.
And you just proved my point was for the big chains rather than individual practices like what is happening in the veterinary industry.
Also the second link says they are buying up mental health because of anticipated continuing long term demand, which is exactly what I said PE is doing here. I like that you argue against yourself for me. You’re worried about if I’m arguing in bad faith, you’re just arguing badly.