Dan Niles is a prominent hedge fund manager and technology stock analyst who has earned a reputation for his accurate predictions and innovative strategies. He is the founder and portfolio manager of Satori Fund, a long-short equity fund that focuses on U.S. technology companies. He is also a frequent guest on CNBC and other media outlets, where he shares his insights on the tech sector and the broader market.

Niles was born in Sri Lanka and raised in a family of Christian ministers. He moved to the U.S. for his higher education and obtained a bachelor’s degree in system engineering from Boston University and a master’s degree in electrical engineering from Stanford University. He started his career as an engineer at Digital Equipment Corporation, a computer company that was later acquired by Compaq.

Niles then switched to the financial industry and joined Montgomery Securities as a technology analyst in 1995. He quickly rose to prominence for his bold calls on tech stocks, such as predicting that Dell would miss earnings for the first time in nearly a decade in 2001. He also foresaw the dot-com bubble burst and the 2008 financial crisis, and advised his clients to avoid or short the overvalued stocks. He was named the “Michael Jordan of Technology Stock Analysts” by Barron’s magazine and won several awards from the Wall Street Journal for his stock picking skills.

In 2004, Niles launched his own hedge fund, Satori Fund, with the aim of capitalizing on his expertise in the tech sector. The fund employs a long-short strategy that invests in both undervalued and overvalued tech stocks, and uses various hedging techniques to protect capital during times of market stress. The fund has delivered impressive returns since its inception, outperforming the S&P 500 index and the Nasdaq Composite index. According to Market Realist³, Niles’ net worth is estimated to be around $100 million as of February 2023.

Niles’ investment philosophy is based on his deep understanding of the tech industry and its cycles, trends, and innovations. He is always on the lookout for new opportunities and challenges in the tech space, and adapts his strategy accordingly. He is not afraid to go against the consensus and take contrarian positions when he sees a discrepancy between the market’s expectations and the reality. He is also known for his rigorous research and analysis, and his ability to communicate his views clearly and convincingly.

Some of Niles’ recent investment themes include the impact of the COVID-19 pandemic on the tech sector, the rise of cloud computing and artificial intelligence, the shift to electric vehicles and renewable energy, and the emergence of new social media platforms and e-commerce models. He has also expressed his views on the macroeconomic factors that affect the tech sector, such as inflation, interest rates, fiscal and monetary policies, and geopolitical tensions.

Niles is widely regarded as one of the most influential and successful tech investors in the world. He has demonstrated his exceptional skills and vision in navigating the complex and dynamic tech landscape, and has created value for his fund and his followers. He is a rare example of an engineer-turned-analyst-turned-fund manager who has mastered all aspects of the tech industry and the financial markets.

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