Home » General World News » Maverick Capital, a $10.5 billion hedge fund, is betting big that the smartphone market has ‘hit a tipping point’

Maverick Capital, a $10.5 billion hedge fund, is betting big that the smartphone market has ‘hit a tipping point’





Lee Ainslie

  • Maverick Capital, a $10.5 billion hedge fund run by Lee Ainslie, is betting against companies that will be hurt by the maturation of the smartphone market.
  • The bet is the firm’s largest collective short position, according to a year-end letter dated January 30.
  • “The last ten years represented the glory days of the smartphone revolution; however, we believe the next ten years will be very different,” the letter said.


Maverick Capital, the $10.5 billion hedge fund run by Lee Ainslie, is betting big against the smartphone market.

The firm said in a January 30 letter to investors that its largest collective read more >>>

Source:: BusinessInsider.Com

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