Billionaire Philippe Laffont Is Selling AMD and Buying This AI Chipmaker He Thinks Can Quadruple in 5 Years (Hint: Not Nvidia)

Charlie Munger had a cheat code for finding great investment ideas: "Looking at what other smart people are buying."Luckily, finding what other smart people are buying has become much easier over time. From the introduction of required SEC disclosures to the advancements of the internet putting that information at everyone's fingertips, you can get a peek at what some of the top investment managers are buying and selling.One manager worth following is Philippe Laffont, who runs the hedge fund Coatue Management. The fund's publicly traded equity portfolio outperformed the S&P 500 by about 95 percentage points during the three-year period that ended in June, based on public filings. The fund's most recent 13F filing with the SEC revealed Laffont's continued sale of leading GPU-maker Advanced Micro Devices and a new position in one semiconductor stock he thinks can more than quadruple by 2030.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool