WELL is not like other digital health companiesI think the Scotia report makes a great point that WELL is being mis-categorized with other digital health plays and that the business is fundamentally different than the peer group it associates with.
One of the things I like most about WELL is that there has been minimal, or zero, management turnover. Hamed has built a solid team, all members dedicated to the growth and success of this company. Can't say the same for others in the peer group. Don't mean to hurt any feelings of shareholders of CloudMD, but, for example, Cloud took a claims charge of ~$4MM from one of its acquisitions, VisionPros, and today we hear the CFO is leaving. That's the sort of nonsense you will not see at WELL.
A solid management team is a major factor in a company doing well. Sure, it's good to be on the right side of an impending tsunami like the digitization of health. But I would say it is equally important to have strong, dedicated management standing on the surf board, steering it the right direction!
To all investors, just think about your top three considerations when buying, holding or selling a stock. You may have a list of 20 or 30 factors your look at, but I dare you to just pick your top three. Surely, for most of you, management/governance would make the list.