>>Equinix (EQIX), his largest holding, combines all the themes he likes. It provides data centers, which connect and protect data for businesses. Last year the company raised its financial guidance six times and expects to see revenue increase more than 20% in 2009. It's a capital-intensive business, but Lippert likes that it's able to finance all its growth internally and generate 30% to 40% internal rates of return on their facilities.
Even in this economic climate, Lippert still believes there are gems like Equinix in the tech sector.
"We look at the world and see that there's still incredible innovation going on," he says. "We look at businesses that are leading that innovation."
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