5 Best Stock Picks and Ideas from Billionaire Chamath Palihapitiya’s Portfolio

Page 1 of 5

In this article, we discuss 5 best stock picks and investments of billionaire Chamath Palihapitiya. For Palihapitiya’s investment philosophy and his comments on certain stocks please see 10 Best Stock Picks and Investments of Billionaire Chamath Palihapitiya.

5. Lema21

Lema21 is a Brazil-based eyewear company that offers a wide array of digital services to customers. It was founded in 2012 and managed to raise more than $4 million in funding before being purchased by competitor eÓtica in 2015. The merger of two of the biggest players in the multibillion dollar eyewear industry in Brazil hit the business of retailers. Lema21 had been competitive in the Brazilian market because it offered lower rates for imported products. 

Jonathan Assayag and Naomi Arruda, two Brazilian businessmen, started the company after the US, where they had been living, went into recession. As they returned to their home country to look for new opportunities, they combined their tech skills with luxury brands awareness and tested a new eCommerce model in the Brazilian Market. The company features 5th on our list of top 10 best stock picks,  investments, and portfolio of billionaire Chamath Palihapitiya.

Page 1 of 5