Dear Reader, Sam Latter here again for Whitney Tilson. And in your second e-mail to get you prepared for Whitney's big Prediction X event… Today I'm going to show you how the most profitable trades in history were all extremely unpopular at the time. In case you missed yesterday's e-mail, I explained how Whitney has made nine accurate predictions in the past… But now, after thousands of miles of traveling around the globe, risking his life twice, and his firsthand, boots on the ground research… He's finally ready to reveal his TENTH prediction, Prediction X, on August 8, at 7 p.m. Eastern. That's just TWO days away now, so let's get right to it… Because Prediction X is unlike anything Whitney has ever predicted in the past. But more importantly, Prediction X is extremely unpopular. And the "unpopular" nature of this event is exactly what could make this the most profitable prediction of Whitney's career. Let me explain what I mean… "Unpopular" = $$$ As it turns out, the most profitable trades in history all have one major thing in common. They're always extremely unpopular, or out of favor with the general consensus. For instance, I'm sure you've heard of Michael Burry, famous for his "Big Short" on the housing crisis. Well, at the time he made his bet, no one believed the housing market could ever crash. While his investors were trying to pull all their money out of his fund believing he was completely wrong... Burry was proven 100% correct when the subprime mortgage crisis hit... And he was rewarded with a profit of over $800 million. Whitney himself is no stranger to making "out of favor," "unpopular" predictions in the past too… For instance, when Whitney declared pot stocks were in a bubble in 2018, the exact day Tilray stock peaked... Everyone else was gushing over pot stocks...
And back in early 2020, when no one was taking COVID-19 seriously yet... Whitney's good friend Bill Ackman made a $27 million bet that the economy would shut down and markets would crash. At the time, this was certainly "unpopular"... But this turned out to be the greatest trade in history after it handed Bill a $2.6 billion windfall within one month. The point is, when an investment thesis is wildly out of favor… When the odds of being right are extremely low… THAT'S when the most money can be made. "The Holy Grail of Investing…" This concept is known as an Asymmetric Bet. And as Zacks research pointed out, it is "The Holy Grail of Investing." To quote Zack's again, it's all because an asymmetric bet is "a situation where the potential gains from an investment are far greater than the potential losses. In other words, the risk of taking a slight loss is worth the potential substantial profits." (Emphasis ours) And right now, as I'll show you in your e-mail tomorrow… Whitney's Prediction X is a highly asymmetric bet. The great majority of the smartest investors of the world do not agree with what Whitney is saying… YOU probably won't agree with his prediction when you hear it on August 8… But that's what makes this the biggest opportunity you'll come across this year. And that's why you do NOT want to miss what Whitney has to say on Tuesday, August 8 at 8 p.m. Eastern. We're just two days away now… So stay tuned and continue to watch your inbox for another e-mail from me tomorrow where I'll explain exactly how out of favor Prediction X is… And why you should be glued to your seat on Tuesday for Whitney's big reveal. [REVEALED TUESDAY, AUGUST 8 2023 AT 7 P.M. EASTERN]( Regards, Sam Latter
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