Alluvium Asset Management in its Q2 2026 investor letter disclosed a new position in Copart (CPRT), despite long-term autonomous driving risks
The asset management company highlighted Copart, an online vehicle auction and remarketing services company, noting its growth from a salvage yard to a technology platform. Alluvium acknowledged the potential long-term risk from autonomous driving reducing accident rates, but expects the proportion of total loss vehicles to increase due to technology and high repair costs, balancing the investment's risk-reward equation.
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Source:Yahoo财经 · Source Link
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