Imagine, if you will, a titan of capital—so rich he could probably buy a small country—abruptly turning on his digital gold rush, Nvidia, as if swatting a pesky fly. Instead, he jets off into the land of luxe, pouring a staggering $334 million into a company whose handbags make even the most hardened financier quiver in envy. Truly, the modern variation of “money burns brighter than the sun,” or so it seems.
Karthik Sarma, the man who once danced enthusiastically with the neon gods of Nvidia, now appears to have swapped his gaming console for a couture handbag. Selling off all his Nvidia toys between the first quarter of 2024 and the first quarter of 2025, our hero has swooped into the realm of Tapestry—an empire built on the seductive allure of Coach, Kate Spade, and other luxury temptations. Yes, while others chase the fleeting shadows of semiconductors, Sarma invests his billions into the glimmering world of high-end fashion accessories, because apparently, there’s no such thing as too much silk and leather.
He’s snapped up 4.74 million shares, enough to make even the most stoic economist smirk — a liquid feast for a financier with a flair for the dramatic. Tapestry has doubled, tripled, perhaps even quadrupled its worth in the last year, thanks to the divine power of a 100% surge. The company’s cash flows are stronger than a double shot of espresso, and its star-studded strategic share repurchase program might just be the reason Sarma’s eyes lit up.
This isn’t mere hobbyist speculation, mind you. SRS Investment Management, Sarma’s empire, now spreads its investments like a meticulous caterer—4.5% of its portfolio, a handsome slice carved out for Tapestry, perched proudly as the fourth-largest holding. Right behind titans in e-commerce, gym fanaticism, and artificial panic—er, intelligence—this is capitalism’s version of a tasteful game of dress-up with a dash of tech chic.
And so, the glittering saga continues—tech giants discarded like old milk, replaced by the shimmering promise of a handbag that costs more than a small sedan. One can only wonder if this is clever strategy or simply the decadent chaos of a universe gone mad with wealth. Either way, the show must go on, and Sarma, it seems, has bought his ticket to the fashionista’s circus. 🎩💸🤡
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2025-07-19 03:21