Portfolio manager Michael Lippert assesses the growth potential of artificial intelligence and explains how the Baron Opportunity Fund is capitalizing on the transformational impact of AI.
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:44 - Introduction: The Age of AI Has Begun
3:06 - Assessing the Growth Potential of Artificial Intelligence (AI)
6:22 - AI Use Cases
8:47 - Approach to Investing in AI
11:40 - Discussion on Google - Outlook and Portfolio Positioning
13:39 - Investments in Semiconductors
16:22 - How do Amazon and Meta benefit from AI?
19:23 - Tesla and Autonomous Driving
22:18 - Mike Lippert’s Top Investment Picks
Investors should consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The prospectus and summary prospectuses contain this and other information about the Funds. You may obtain them from the Funds’ distributor, Baron Capital, Inc., by calling 1-800-99BARON or visiting www.BaronFunds.com. Please read them carefully before investing.
Risks: Securities issued by small and medium sized companies may be thinly traded and may be more difficult to sell during market downturns. Companies propelled by innovation, including technology advances and new business models, may present the risk of rapid change and product obsolescence, and their success may be difficult to predict for the long term. Even though the Fund is diversified, it may establish significant positions where the Adviser has the greatest conviction. This could increase volatility of the Fund's returns.
The discussion of market trends is not intended as advice to any person regarding the advisability of investing in any particular security. The views expressed in this presentation reflect those of the respective speaker. Some of our comments are based on management expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from our expectations. Our views are a reflection of our best judgment at the time and are subject to change at any time based on market and other conditions and Baron has no obligation to update them.
Portfolio holdings as a percentage of net assets as of June 30, 2023 for securities mentioned are as follows: Tesla, Inc. (6.6%), Amazon.com, Inc. (6.1%), Meta Platforms, Inc. (2.9%), Alphabet Inc. (2.3%).
Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.
BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).