http://www.coyoteblog.com/coyote_blog/2007/09/too-many-insure.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.coyoteblog.com/coyote_blog/2007/09/too-many-insure.html/comment-page-1#comment-7359 Dale Bradshaw Mon, 24 Sep 2007 18:14:31 +0000 http://coyote-blog.com/wordpress/2007/09/too-many-insure.html#comment-7359 <p>Possibly, but if you do a long term comparison between something like Vanguard Health Care and Vanguard Total Stock Market Fund http://finance.google.com/finance?q=NASDAQ%3AVGHCX you don't get significant out performance in the health care sector. It could be that it's just a productivity sink with no incentive to give value to share holders, but it seems like at some point money moving towards a more productive sector or asset allocation would make that untenable.</p> Possibly, but if you do a long term comparison between something like Vanguard Health Care and Vanguard Total Stock Market Fund http://finance.google.com/finance?q=NASDAQ%3AVGHCX you don’t get significant out performance in the health care sector. It could be that it’s just a productivity sink with no incentive to give value to share holders, but it seems like at some point money moving towards a more productive sector or asset allocation would make that untenable.

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