The Importance of management!Good Evening everybody!
I See alot of discussion between who is the best DOC vs WELL. I see a lot of claims about size, technology competitive edge, number of downloads and other metrics that do not make a whole lot of difference for now.
The winner of this "race" will be the one that executes better - and I think most of us will agree that having a CEO that has already succeeded in bringing his previous company to a succesfull takeover has an edge. Also, seeing this CEO saying early on that he needed a broader market compared to the one he succeeded in order to bring another company to a broader and bigger success is also very encouraging.
Add the presence of renowned billionaire Li Ka Shing, and you got a powerful duo to keep financing coming at a rapid rate when execution is needed. Human contacts and networks might be the competitive edge that is of crucial importance for WELL.
Shabazi has a great track record of exec of the year, Ka Shing has a reputation for visonary investements. This type of management is hard to come by.
DOC also has a good CEO, but there is some interrogation about past events of the CFO and no real track record at executing through M&A - also no billionaire backers.
I hold a position in both and enjoy both stocks - but i am now more than ever sold to WELL.
GLTA
PF