Legendary fund manager trims Nvidia position; here's why

Seasoned tech investor Paul Wick of Seligman Investments has recently been reducing his holdings in Nvidia (NASDAQ: NVDA), expressing doubts about the company’s future earnings growth. Speaking at a UBS Group event in Singapore, Wick mentioned that his enthusiasm for Nvidia had moderated over the past one to two weeks, though he did not specify the extent of his NVDA stake reduction, as Bloomberg reported on June 21.Legendary investor, who has nearly three decades of experience in technology investment, com ...