Pony AI: Long Ride Ahead

Pony AI (NASDAQ: PONY ) is a Chinese developer of self-driving technology for the robotaxi and robotruck markets. While Pony has an expanding presence internationally, its near term success will be dictated by its business in China.Richard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifying businesses with se ...