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Coatue's Davy Scully On Tech Investing

by businessinsider.com posted 2years ago 9330 views
Coatue Management, the $10 billion long/short equity hedge fund led by "Tiger Cub" Philippe Laffont, is one of the most prolific investors in technology companies. Speaking at the MIT Sloan Investment Conference on Friday, David Scully, a partner and the chief marketing officer of Coatue, shared some insights into how the fund thinks about making its tech investments. The fund's investment process isn't what you'd expect. In fact, it goes against some of the investing adages we're used to such as "buy low, sell high."  "Perhaps the right way to think about this is not to buy low, but to buy high," Scully said. "Now I say...