Whitney Tilson: I Was Wrong Regarding Herd Immunity Threshold
Whitney Tilson’s email to investors discussing that he was wrong; the problem with the herd immunity threshold theory; Penumbra scandal; and Tesla stock offering. Q3 2020 hedge fund letters, conferences and more The Herd Immunity Threshold Theory1) I've made a number of big calls related to the pandemic, some right and some wrong. Regarding the former, none were bigger than the call I made in my e-mail on March 23, the very day the market bottomed, when I pounded the table to buy stocks. As I said, "This is the best time to be an investor in more than a decade." The S&P 500 Index is up a remar...