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Tech Hedge Fund Beats Nasdaq By Looking For Key Inflection Points

by finance.yahoo.com posted 3months ago 42 views
(Bloomberg) -- Lucrative opportunities in technology stocks center around identifying shifts from an old way of doing things to a better way, like from email to instant messaging or from phoning in food orders to doing it online. Investing with that in mind for nearly a decade has helped Silicon Valley-based Light Street Capital beat the Nasdaq, according to Barron’s in its May 27 issue. Since its July 2010 inception, the firm’s long-short strategy has topped the Nasdaq’s 17.5% net annualized return with one of 19.1%.

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