Biden’s Win: The Highest Expected Return Bet

Whitney Tilson’s email to investors discussing the highest expected return bet he has seen in a while, just buy Joe Biden to win the election.Q3 2020 hedge fund letters, conferences and moreMy aim with my daily e-mails is to educate, entertain, and enrich.I think I’ve done a reasonably good job with the first two points, but not so much on the enriching front… though I’d give myself high marks for warning my readers away from overpriced stock promotions like electric-truck maker Nikola (NKLA) and plastics recycler Loop Industries (LOOP), as well as now-bankrupt German payments-processor Wire…

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HEDGE accordingly