Tech and media stocks are good value

Shorting opportunities in the media and technology sectors have been more numerous and significantly more profitable than long bets in recent months. But both areas can expect some long-term growth from companies either refinancing or finding themselves profitable, but undervalued, following the stock market slump.

According to Nick Train, fund manager of the £8.5m Lindsell Train media hedge fund, companies involved in mass-market distribution of broadcast content have been damaged by fighting

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