Alec Hogg: Revisiting Amazon – tips from ARK
Dr Imthiaz, who signs off as "Proud Premium subscriber" (I like!) dropped me an email last night whose key part reads: "I feel there may be a few more good years ahead for AMZN but can fully understand your rationale for taking profits. What comes next? Perhaps we should look at one of the GINS ETFs or some of the ARK funds? Surely our next Amazon growth story lies in one of those?"
Super insights and an excellent reminder of places to look when seeking the next big thing. In past years, I spent thousands of productive hours inputting quarter-end stocks held in unit trusts managed by the likes of Simon Marais, Tim Allsop, Tony Gibson, Roy McAlpine, Piet Viljoen, Peter Major and John Biccard.
Keeping track of what was accumulated by superstar managers is a wonderful pointer towards companies worth investigating. Money managers don't share their best ideas – but are forced by regulation to disclose holdings. For instance, filings tell us ARK's superhot manager Cathie Wood (above) is increasing her bets on Zillow and Pacific Biosciences. So well worth us having a gander.
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