45% of Billionaire Chase Coleman's Portfolio Is Invested in These 5 Artificial Intelligence (AI) Stocks
Billionaire Chase Coleman has been investing in the high-flying tech sector for decades. He started working under investing legend Julian Robertson and his fund Tiger Management, making Coleman a so-called Tiger cub as one of the former Tiger Management employees who would go on to launch their own hedge funds.Today, Coleman runs Tiger Global Management, a hedge fund and venture capital firm. At the end of the third quarter, the fund held 45 stocks valued at roughly $23.4 billion. Coleman clearly prioritizes fast-growing tech and artificial intelligence (AI) stocks, which is why 45% of Tiger Global's equities portfolio is invested in just five AI stocks.Coleman studied the fundamentals of investing under Robertson, learning to buy undervalued companies and to short overvalued ones. Coleman saw just how impactful the internet could be early on and made venture investments in Facebook, LinkedIn, and several Chinese companies. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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