Yes… it was a tumultuous day in the trad-fi markets. Oil was over $110 a barrel early, but as calmer heads prevailed (and realized that mostly affects China’s supplies of oil), it is now around $88 and change. General industrial stocks were off early, but even they are moderating late today.

My central point here is this: in times of war and upheaval, it is generally true that pharma and life-science companies will far outperform the regular stocks — and will out-run gold, and certainly will be safer than Bitcoin (or crypto- ones and zeroes, overall).

People will need life-saving bioscience solutions — as we all age, independent of any war.

And with war, the medicines used “in the field” are always bought in vast supplies, by the Israeli and US forces [and stockpiled as reserves].

[Here think about antibiotics, IV bags, vaccines and… wound dressing kits.]

So — as CoinDesk vainly tries to polish the BTC turd [early today, saying a long war favors BTC — then reversing after Tangerine 2.0 said it could be a short war (CoinDesk claims — three hours later — that too favors BTC!?) do recall that it was over double where it is now, as recently as October 2025. [This is no safe-haven asset — in fact, gold really isn’t either — but that’s a story for another day.]

Do also note that cutting edge bio-science like that seen at above right… for Huntington’s Disease… has tripled, in just a week’s time. And that is not fading with today’s volatility. In fact, overall pharma was up about 2% all day today.

Sure, there will be some see-saw, but Merck, Moderna and Amgen (as examples) will NOT lose half their value in any six weeks on record.

Want a bet on safety,with fat dividends? And a proven decades long track record of high earnings?

Bet on the big life sciences names… though at the moment, I might shy away from… Pfizer.

You heard it here first [of course, do your own due diligence]. When someone touts an investment — always ask yourself: “What is the REAL risk profile vs. the return possibility?” And… “What are… the other alternatives, open to me?”

BTC… doesn’t make the cut in war times.

Out.

नमस्ते