Donald Smith’s fund, Donald Smith & Co., disclosed in a newly amended filing with the SEC ownership of almost 9 million shares of Alliance One International, Inc. (NYSE:AOI), which represents a boost from 8.08 million shares disclosed in its latest 13F. Following the increase in the position, Donald Smith holds 10.26% of the company.
Disclosure: none
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This Under-The-Radar Stock Could Save A Buffett Favorite Millions
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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In fact, Verge argues this company’s supercheap AI technology should concern rivals.
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