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And don't miss Liam Denning on Saudi Arabian short-termism: "Tempting as it is for Saudi Arabia to push for further gains, it risks repeating the mistakes of the past, undermining demand and ceding market share to rivals. It is perhaps the curse of petro-states that, even as they talk the language of stability and long-term planning, immediate appetites are ever the priority."
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.
To contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.net.
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