In an article this morning, Bloomberg reiterated what we have been telling people since 2002: Piggy-backing the picks of the world’s greatest billionaire investors and hedge funds is the best way to beat the market.
You can find the Bloomberg article here: Raiders-Turned-Activists Prove Boon for Stocks Beating S&P 500. Here’s the high level view: They cite a study that demonstrates the picks of activist investors have destroyed the S&P 500 with less risk over the past five years.
Interestingly, they mention one of the stocks we held in our portfolio last year (and consequently, our subscribers made nearly a 100% profit on). The stocks is Office Depot. We followed Starboard Value into ODP, also mentioned in the Bloomberg study. This investment played out brilliantly according to script. Starboard wrote an elaborate letter to ODP management at the outset of their campaign, laying out a game plan for unlocking value in the stock.
My partner and I have been piggybacking billionaire investors and hedge funds, specifically activist investors, in our accounts since 2002. We started our premium research service and website in 2012, giving average investors the opportunity to follow our lead. Join us!
President of The Billionaires Portfolio