Locator: 48585COATUE.
Could see all-time highs on US equity market today.
If you can catch it, an incredible interview on CNBC this morning.
First money manager that reminds me of Peter Lynch, rule of 20, Fidelity Magellan. No longer the rule of 20.
June 22, 2025: the "fantastic 40." Link here.
- Notable absence:
- Notable presence:
- Amazon (#4) -- I find this incredibly interesting
- Boeing (#36)
- Musk x 2: Tesla (#7); SpaceX (#12); xAI (#35); highly high on Musk
- OpenAI (#9) -- huge threat to Google; that's why Google is not on his list
Was on the board of ByteDance (TikTok): not on that board any more but not due to disillusion; moved to another board. Still "high" on TikTok.
Mom-and-pop retail investors may want to use ChatGPT / AI to take a look at Coatue's "Fantastic 40."
Wiki.
Coatue is an American technology-focused investment management firm led
by founder and portfolio manager Philippe Laffont.
Coatue invests in
both public and private markets, with a focus on technology, media,
telecommunications, as well as the consumer and healthcare sectors.
Coatue has a global presence with offices located in New York City,
Menlo Park, California, London, Shanghai and Hong Kong.
History
Philippe Laffont graduated from MIT in 1989 with a degree in computer
science. He worked as an analyst for McKinsey & Company from 1992 to
1994 in Madrid, Spain. After a stint as an independent consultant, he
joined Tiger Management LLC as a research analyst in 1996, focusing on
European telecommunications stocks.
100 years ago:
- agriculture represented 50% of US economy
- now: agriculture represents 1% of US economy
- that's how Coatue thinks of technology but thinks AI will move so much more quickly than the agricultural transition over 100 years.
We may have to talk Apple / AAPL later.
There are currently over 1.38 billion active iPhone users worldwide.
This number represents a significant increase from previous years, with
the total number of active iPhone units surpassing 1 billion in 2020,
according to Statista. The United States remains Apple's largest market,
with a substantial number of iPhone users, according to Statista.
Link here. We need to discuss Apple's business model.
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Next: AI -- Nvidia
We also need to discuss Nvidia in light of DeepSeek misinformation, mis-direction.
Similar to the misinformation, mis-direction coming out of the Mideast concerning the Big Strike or The Strike.
Cramer: the tech market / AI for investors is all about Nvidia (NVDA) breaking out to new highs.
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Disclaimer
Brief
Reminder
Briefly:
- I am
inappropriately exuberant about the Bakken and I am often well out front
of my headlights. I am often appropriately accused of hyperbole when it
comes to the Bakken.
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- Disclaimer:
this is not an investment site. Do not make any investment, financial,
job, career, travel, or relationship decisions based on what you read
here or think you may have read here. All my posts are done quickly:
there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my
posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And
now, Nvidia, also. I am also inappropriately exuberant about all things
Nvidia. Nvidia is a metonym for AI and/or the sixth industrial
revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- I've now added Oracle to the disclaimer. I am also inappropriately exuberant about all things Oracle.
- Longer version here.
