Whitney Tilson’s Predictions For 2022
Whitney Tilson’s email to investors sharing his predictions for 2022. Q3 2021 hedge fund letters, conferences and more Predictions For 2022I'd like to make some predictions for 2022... I remain constructive on the market, but don't expect another year of 20%-plus returns. The U.S. market is up more than 17% annually over the past five years and more than 16% a year over the past decade, far above the long-term average annual returns of 9% to 10%. This has lulled investors into lofty expectations which almost certainly won't come to pass. As always, my advice is to concentrate your portfolio in...