Worm Capital commentary for the third quarter ended September 2021, titled, “The Aggregation Of Marginal Gains.” Q3 2021 hedge fund letters, conferences and more Dear Partners, The Idea Of Aggregating Marginal GainsOne of the concepts that we think about quite often as investors is the idea of aggregating marginal gains. The theory, briefly explained, is that the best way to enhance odds of success is to continuously rip apart your process and see what can be improved, even if only by 1 percent. When you accumulate enough of these marginal gains over time—one percent of efficiency here, two pe…