Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
Meanwhile, Osmani is staying away from the banking sector, even as investors likethat sold off heavily in the wake of SVB's collapse.
"Banking is an industry that has high competitive pressures, diminishing barriers to entry, low pricing power and is facing a higher risk of disruption," Osmani told Bloomberg."All of which leads us to believe that the industry dynamics aren't attractive."
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