Putnam's Global Technology Fund has outperformed nearly all of its peers over the last five years.
Yao told Business Insider about 3 stocks he particularly likes in his portfolio — Microsoft, Sea Limited, and Applied Materials.Di Yao isn't afraid to make big bets on well-known stocks or to invest in companies that few people in the US know about. But they also believe that the market is inefficient, and there's money to be made when investors as a whole fundamentally don't understand a company or its potential, whether it's one of the tech giants or a relatively unknown firm overseas, Yao told Business Insider in an interview last week. Instead of spreading their bets on all the usual suspects in technology, Yao and Desai focus on those underestimated companies, sometimes in a big way.
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