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Health - Issue #29

Hi there, I hope this email finds you well 🤙. Numerous articles and news combining new technologies a
Issue #29 — View online — Suggest a link
Health
The latest news and information about innovations in healthcare.
Hi there,
I hope this email finds you well 🤙.
Numerous articles and news combining new technologies and health have been published this week. You will find below what we think are the most interesting ones.
Moreover, on a completely different subject, you will find at the end of the email an exclusive access to http://newspill.io, which is an algorithm allowing the uninitiated to enter the world of finance in a playful way. I’ve been testing it these last weeks, and I’m a fan!
Sincerely,
-Alaedine

What about science?
Identifying main finding sentences in clinical case reports | Database | Oxford Academic
Sex and gender differences and biases in artificial intelligence for biomedicine and healthcare | Nature
Week's hot trends and impacts
The Coronavirus Is Still Spreading
Get Used to It: Remote Care Is the New Norm - The Medical Futurist
14 Tech Trends To Watch Closely In 2020 | CB Insights Research
Machine learning can give healthcare workers a ‘superpower’ | Healthcare IT News
For VCs
Novo Nordisk To Buy Corvidia Therapeutics For Up To $2.1B
Meditation App Headspace Secures $47.7M More In Funding, Filing Shows
EnsoData Raises $9M To Diagnose Health Conditions With AI – Crunchbase News
Boston’s CareAcademy Gets $9.5M Series A To Boost Training For Senior Care – Crunchbase News
Tip of the week: getting to stock market 101
« An investment in knowledge pays the best interest » once said Benjamin Franklin. The good news is that, if you’re a medical professional, it seems like you’re already a great investor! But let’s be honest, this observation won’t prevent the frustration of hearing your friend from Business School bragging about his 10% performance on stocks meanwhile your saving account is capping at 2%… 
However, should you let your precautionary nature, your humility in front of a sometimes obscure domain of knowledge that looks like a giant casino, or even your lack of time deprive you from your share of the pie? Spoiler: No, you shouldn’t 😉

The market is a fascinating mirror of the complex interactions between consumers, companies, geopolitical dynamics and innovations of tomorrow. The market is, above all, a time-travelling machine set up in “Future” mode. Its engineers, Traders, spend their time trying to put a price on the potential of companies - not today, but in 6 months, 1 year or even 10 years. This is why for instance Zoom shares surged by 200% since January, thanks to the infinite business opportunities in remote-working enabled by the pandemic.  
 
Investing in the stock market when you’re a doctor means putting your savings to work. But given our hectic schedules, it’s not possible to spend hours on it and trying to become an expert. This is where the distinction between “active investing” (regularly buying and selling stocks to “speculate”) and “passive investing” (buying stocks in which you believe and let it grow during months or years) comes in handy. The good news is that, in the long run, the second strategy is by far the most profitable and the less risky.   
But then, where should you start? To familiarize yourself with the Market, nothing beats a simple and fun simulation tool like Newspill - a daily newsletter that educates and informs you on the stock market in only 2 minutes per day.       
  
Once you’ve passed the psychological barrier, you can move to “real” trading by opening an account at a recognized broker. Then, you select the companies and sectors that YOU think have a high potential. ETFs can be a good choice as it gathers into a virtual basket stocks from the same industry or sector (e.g. Biotech, Aviation, Digital, etc.).
Eventually, do not hesitate to leverage your sectoral expertise to “feel” the market by anticipating structural changes, especially nowadays (e.g. future evolution of the pandemic, potential treatments, progress of some laboratories, etc.). 
If you think about it, there is a good reason why Hedge Funds hire researchers as Financial analysts 😎
Techstars Startup Digest Health is curated by:
Alaedine Benani Alaedine Benani - MD PhD Trainee - MSc in Data Science & Entrepreneurship
alaedine.benani@startupdigestmail.com
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