Billionaire investor Ron Baron is making a killing on his investment in Elon Musk's Tesla. Here's what else his firm is betting on to continue his winning streak, including some unusual names among its top picks.and Tesla sits in its top ten holdings. As of Tuesday, the fund, with about $438 million in net assets, is up 15.73% this year, beating the S&P 500 which is up about 4.7% in 2020 through Wednesday.
Tesla is 5.7% of the net assets in the Opportunity Fund, as of January 31. The electric car market's 100% rally this year has certainly boosted the fund's performance this year. Earlier this month, Baron told CNBC he believes Tesla's revenue could top $1 trillion in the next 10 years.
Is it betting on the FED bailing him out like it did with other spec funds in the GFC when the bubble pops?
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