This app iBillionaire lets people track the investments of “billionaire investors” (Carl Icahn, David Loeb, David Tepper and David Einhorn among few) and compare them to your own feeble portfolio
It’s unclear how coherent iBillionaire’s strategy is, since it is based on investors with very different (and often contradictory) investment approaches. But given the amount of news about activist investors’ demands for board changes, new CEOs and stock buy-backs, Moreno and his co-founder Alejandro Estrada are counting on publicity to attract people to their app, index and, if they succeed, investment fund.
Source: Quartz
IBillionaire released this month a 30-stock equity index, compiled by NYSE which follows the managers 13-F forms.
Thoughts ?
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