Published on 23 Jun 2022 on Insider Monkey via Yahoo Finance
Billionaire Richard Chilton is Selling These 10 Tech Stocks
In this article, we discuss the 10 tech stocks billionaire Richard Chilton is selling. You can skip our analysis of Chilton’s investment philosophy and go directly to Billionaire Richard Chilton is Selling These 5 Tech Stocks.
In 1992, Richard Chilton, an American billionaire, established his own hedge fund Chilton Investment Company. The fund was established on the tenet that firms with strong business models and management would generate positive, risk-adjusted returns over the course of an economic cycle. Chilton’s investment philosophy is characterized by taking long-term positions in companies valued at reasonable prices. The bottom-up, fundamental approach aims to generate compounding returns in bullish markets and safeguard cash in volatile economic conditions.
The fund also views environmental and social governance (ESG) as crucial components to ensure a company’s sustainable growth and encourage shareholder participation. Keeping this in mind, Chilton Investment Company includes ESG criteria as another factor in its review process while making investment decisions.