Saturday, July 4, 2015

Jeb Bush Makes $556,283 Off Obamacare

According to tax returns released by Mr. Bush’s campaign on Tuesday, he sold $1,103,424 worth of stock in Tenet Healthcare in September and October of 2013, yielding a capital gain of $556,283.

Why did Tenet's stocks outperform other stocks? Because investors anticipated that Obamacare would make hospitals more profitable, with increased usage and fewer payment defaults by uninsured patients. here

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