Billionaire investor Ron Baron isn’t flinching during the latest tech selloff, and he’s certainly not touching his own Tesla
shares.
The longtime growth investor said he sees the pullback as a chance to spot bargains, even as volatility rattles the biggest names in tech recently
“Not very much,” Baron said Friday on CNBC’s “Squawk Box” when asked what he’s doing amid the drawdown. “Just looking and trying to understand where opportunities are and try to take advantage of them.”
His conviction is especially intense when it comes to Tesla, one of his signature bets. He recalled selling a third of of Baron Funds’ Tesla holding a few years ago due to criticism from his clients and the media about the significant concentration in a single stock. Baron stressed that his personal position remains entirely intact.
