Thursday, February 20, 2014

21 billionaires' stock of choice. Who is it?

The iOS app and website iBillionaire offers investors a portfolio of 30 stocks. These stocks are selected to show the investment strategies of 21 billionaire investors. Among them are Berkshire Hathaway's Warren Buffet, hedge fund legend George Soros and investor Carl Icahn.
Wall Street: Money never sleeps.

iBillionaire stated:
"We analyze more than 250 billion dollars in assets held and managed by a pool of over 20 billionaires. Each quarter, we look at roughly 1,500 investments, 93% in equities and 7% belonging to other asset classes. Our software has processed over a decade of SEC filings to ensure that the iBillionaire Index is a diversified portfolio of high-quality companies. "
So what's their favorite stock? The table below shows the top 10 stocks and their relative share in the S&P 500.
Apple Inc. gets the nod ahead of other companies.

 With Apple announcing the iPhone 6, a new iPad Air and the heavily-rumored iWatch in 2014, it could be a big year for Apple.


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Written by: Kheng Wei Ang

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