One of my mutual funds (Baron Funds) turned me on to BNTX which partnered with Pfizer to create a vaccine for the Wu. Needless to say, it’s exploded in price and made me very happy.
In Ron Baron’s quarterly letter he said this about pandemic statistics:
During the COVID-19 pandemic, three million individuals have so far died. As difficult as it is to
comprehend the enormity of this tragedy, those deaths represent only 0.04% of Earth’s 7.5 billion
population. In prior epochs, a COVID-19-like tragedy would have been worse. To give you a
sense of medical advances in the past 100 years, during the 1918 Spanish flu pandemic, also
caused by a virus with avian origin, experts estimate that more than 50 million died. That
represented 3.3% of the Earth’s then estimated 1.5 billion population. Further, during
the Bubonic Plague in 1350, an estimated one-third of Earth’s 475 million inhabitants were
stricken and more than 50 million, more than 10% of Earth’s population, died! Yikes!!!
If you wanted to read more about what Ron discussed:
