AIFinancial Postabout 4 hours ago
Wrong-way AI trade costs Florida stock-picker US$50 billion
1 min read
Polen Capital missed the AI boom by snubbing Nvidia and embracing Adobe, causing assets to plunge 60% to about US$33 billion in four years. The Florida firm lost nearly US$50 billion as clients and senior staff departed. The stakes highlight how missing one big winner can swing fortunes in AI.
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