Other hedge fund managers, including Ken Griffin, Israel Englander, and Cliff Asness, have also built positions in the stock. Visa shares offer a lot of upside due to a long growth runway, growing dividend, and reasonable valuation. You can make a lot of money riding the coattails of smart money investors. And you won’t find many investors smarter than hedge fund Renaissance Technologies. Billionaire Jim Simons founded Renaissance Technologies back in 1982. Over the following decades, the investment group went on to generate a 19% compounded annual return for clients.
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