- Coatue, one of the nation’s moat successful hedge funds, sold shares of Amazon and bought shares of CoreWeave. The Motley Fool
- Coatue sold nearly 596,100 shares of Amazon and bought 3,300,000 shares of CoreWeave, a stock backed by Nvidia.
- Billionaire Philippe Laffont, the portfolio manager at Coatue Management, is one of the most successful investors on Wall Street. Coatue has beat the S&P 500 by 122 percent during the 3 year period that ended in June.
- Nvidia is investing in Musk’s XAI. Between Nvidia and Open AI it seems these two firms will be cross invested in almost everything.
Lifestyle & Personal Notes
Watch House of Guinness on Netflix. “Ideas are a commodity. Execution of them is not.”