The advent of social media has resulted in unprecedented volumes of user data, which has become a valuable resource in and of itself. Corporations are willing to pay a high price for access to this data to use it for targeted advertising and a better understanding of a specific group of people. According to MarketsandMarkets, the big data industry will be worth $229.4 billion by 2025, with a CAGR of 10.6%. The proliferation of the Internet of Things (IoT) devices and organizations’ greater reliance on their own data are the key drivers of this expansion. By 2027, the big data…
Author: Isabelle Acosta
Because of the media’s glamorization of smoking through cigarette advertisements, the tobacco industry is under a lot of pressure. The industry, on the other hand, has thrived over time. In the United States alone, the advertising budgets of the most valuable cigarette businesses reach $8 billion. Between 2014 and 2020, sales of e-cigarettes and other comparable items surged by a whopping 177.7% in the United States. Many of the world’s top cigarette firms have branched out into products including oral nicotine, e-cigarettes, and heated cigarettes. This decision has also benefited these businesses financially. Insider Monkey takes a look at the…
As of the third quarter of 2021, Cathie Wood’s ARK Investment Management had a portfolio worth over $41.6 billion. Cathie Wood is the CEO and Chief Investment Officer of ARK Investment Management. She is one of the industry’s most successful hedge fund managers. Tesla Inc., Square, UiPath Inc., and Palantir Technologies Inc. are among the significant companies in Cathie Wood’s portfolio. Here is Insider Monkey’s list of the 10 cloud computing stocks to buy according to Cathie Wood. Veeva Systems Inc. is a cloud computing firm specializing in pharmaceutical and life sciences applications in the United States. The company’s sales…
Tiger Management, a hedge fund liquidated before the turn of the century, was founded by Julian Robertson. He was born and reared in North Carolina and has a personal net worth of almost $5 billion. The technology and financial industries account for the majority of the top holdings. Tiger Management is known for its “long-short” investment approach, which focuses on the greatest and worst companies. Between June and September, the fund’s portfolio value dropped by nearly $32 million as it made new purchases in 16 stocks, made incremental purchases in 5, sold out of 13, and cut holdings in 6…
Because of his advanced degree in mathematics, Jim Simons is often referred to as the “smartest billionaire in the world.” He has a personal net worth of around $24 billion and is ranked 28th on Forbes’ list of the 400 wealthiest Americans in 2021. Between June and September, the value of Renaissance Technologies’ portfolio fell by nearly $3 billion. The fund made 665 new stock purchases, 934 incremental stock purchases, 657 stock sales, and 1,804 stock reductions. Microsoft Corporation and Atlassian were among the top companies in the portfolio at the end of September. Here is Insider Monkey’s list of…
David Einhorn is a hedge fund manager and investor. Greenlight Capital was formed by him in 1996, and he is now the president of the hedge fund. As of the third quarter, the fund had about $1.5 billion in 13F securities. It’s considered a value-oriented fund. David Einhorn is known for his ability to predict market conditions in advance. In 2007, he sold Lehman Brothers stock short, claiming that the company was engaging in questionable accounting procedures. In the third quarter, the investor grew his investment in Sonos, Inc. by 55 percent. Here is Insider Monkey’s list of 10 best…
Seth Klarman is one of the few millionaires on Wall Street who has attained “cult hero” status. His personal net worth is estimated to be about $1.5 billion. In 2021, his Baupost Group hedge fund had a portfolio worth about $10.8 billion. Alphabet Inc., Intel Corporation, and Micron Technology were among the top stocks in Baupost Group at the end of September. Because of his “risk-averse” investing philosophy, Klarman has been likened to Warren Buffett. Here is Insider Monkey’s list of the 10 value stocks to buy according to billionaire Seth Klarman. Shaw Communications Inc. just issued a $0.0985 per…
Between June and September, the fund’s portfolio value climbed by about $1 billion. The services and technology industries account for the majority of top holdings. The hedge fund made 1,443 new stock acquisitions, 429 additional stock purchases, 594 stock sales, and 442 stock reductions. Jones is worth more than $7 billion and is credited with helping Tudor Investment Corp become one of the most successful hedge funds in the last four decades. His bets on interest rates and currencies, as well as short-term trading, have made him famous. In 1987, his fund returned over 125 percent. Here is Insider Monkey’s…
Seth Klarman is the founder and CEO of Baupost Group, a billionaire investor. At the end of 2021, his hedge fund had a portfolio worth more than $10 billion. His fund has achieved annualized total returns of 6.6 percent over the last three years. Seth Klarman is the founder and CEO of Baupost Group, a billionaire investor. At the end of 2021, his hedge fund had a portfolio worth more than $10 billion. His fund has achieved annualized total returns of 6.6 percent over the last three years. Here is Insider Monkey’s list of the top 10 stock picks of…
Electric vehicles accounted for 5% of new car sales in 2020, and the number of EV units sold in 2021 is predicted to exceed 5 million. In 2020, China and Europe were the top two markets for electric vehicles, with 1.2 million in China and 1.4 million in Europe. In 2020, Europe’s entire car market shrank by 22%, but electric vehicle registrations reached an all-time high of 1.4 million. By the end of 2023, the electric car industry is likely to produce IPOs worth around $100 billion. Hedge funds are growing their investments in electric vehicle firms as the industry…
The pharmaceutical sector is expected to increase at a CAGR of 1.8 percent, from $1228.45 billion in 2020 to $1250.24 billion in 2021. The big pharmaceutical corporations banded together to develop vaccinations as the COVID-19 pandemic decimated the planet. Telehealth visits for primary care climbed to 35 million in April 2020, reaching an all-time high of 18 percent. Essential doctor appointments were also prohibited in 2020 as a result of the nationwide lockdowns, resulting in a 21% drop in patient visits. Here is Insider Monkey’s list of the top pharmaceutical stocks to buy based on billionaire Ken Griffin’s portfolio. Ultragenyx…
Jim Simons is an award-winning mathematician and a billionaire hedge fund manager from the United States. In 1982, he launched Renaissance Technologies, a quantitative hedge fund based in New York. Simons’s investment theory is built on detecting patterns, algorithms, and mathematical models to profit from market inefficiencies. Renaissance Technologies’ portfolio is worth about $77 billion, with a 12.38 percent concentration of top ten holdings. In the third quarter of 2021, Renaissance Technologies added 665 new stocks to its portfolio, sold 657 securities, and added 934 new stocks to its portfolio. Here is Insider Monkey’s list of the 10 best stocks…