Maverick Capital, a $10.5bn Hedge Fund, Is Betting Big That the Smartphone Market Has Hit a ‘Tipping Point’

(The Business Insider) Maverick Capital, the $10.5 billion hedge fund run by Lee Ainslie, is betting big against the smartphone market.The firm said in a January 30 letter to investors that its largest collective short position is companies that it thinks will be negatively impacted by a slowdown in the smartphone market..

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