Per the Denver Post, Warren Buffet's company is up to owning 15% in the this company that specializes in out patient dialysis with thousands of clinics.
Might be an interesting buy. Davita makes its money off Medicare and Congress essentially gets to decide how much they can charge. Right now conventional wisdom says the Feds will cut the amount spent per patient treatment, so the stock has taken a hit. Does Buffet know more than the Street? Maybe he suspects that Davita and its competition will be able to charge more per patient.
I follow this company pretty well since they are a big customer for us.
Thomas Sowell: There are no solutions, just trade-offs.
