Lee Ainslie III is the head of hedge fund Maverick Capital, which in 1993 he helped form at the invitation of billionaire Sam Wyly. He and other former employees of Julian Robertson’s Tiger Management, nicknamed “tiger cubs,” are widely.Ainslie is a value investor particularly known for his investments in the technology sector. Lee Ainslie spoke today at the Capitalize For Kids Conference in Toronto and presented his favorite idea. Below are some (very) informal notes from Ainsile who explained why he is bullish on Qihoo 360 Technology Co Ltd(NYSE:QIHU).
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Lee Ainslie on Qihoo 360 Technology Co Ltd(NYSE:QIHU)
China Internet Company
China internet access penetration at 47%, 81% in the US
took only 4 years to reach 6% of ecommerce penetration
36% of all advertising is china is from Online
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