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After a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.

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After a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.

Bill Hench, of First Eagle, stepped away from the artificial-intelligence trade with small-capitalization bets on a recovery of the U.S. housing construction market.

After a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.

Source：MarketWatch

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Source：https://www.marketwatch.com/story/after-a-33-gain-in-the-first-half-this-fund-manager-grew-tired-of-the-ai-trade-heres-where-hes-looking-now-1783b3a4