An investor who invested in Facebook in 2004 (dis)recommends this stock

In 2004, Peter Thiel became Facebook's first-ever outside investor when he acquired a 10.2% stake in the company for $500,000. It was the first outside investment in Facebook, which valued the company at $4.9 million at the time. During Facebook's IPO in May 2012, Thiel subsequently sold 16.8 million shares for $638 million. Today, we're going to take a look together at a very interesting investment by Peter Thiel that could be considered a big mistake, but also holds some potential...

Here's a cautionary tale from late last year that you may have missed, but it certainly contains a strong warning not to be confident about predictions about human immunology. As it turned out during the Omicron wave, and I'm very, very glad to use the past tense in this sentence, several existing monoclonal antibodies to SARS-Cov-2 turned out to be useless against the new variant. At the same time, the effectiveness of the vaccination was reduced, but it still remained at…