Tech Hedge Fund Beats Nasdaq by Looking for Key Inflection Points
- Light Street Capital likes Slack, Just Eat and Farfetch
- Firm’s annualized return since its 2010 start has beat Nasdaq
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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.