3 Beaten-Down Stocks Billionaires Are Aggressively Buying
Buckle up, investors, because stock market volatility is back in a big way. Over the past two months, the benchmark S&P 500 and technology-dependent Nasdaq Composite have endured their steepest corrections since the pandemic-induced crash of February-March 2020.
Although periods of heightened volatility can be unnerving at times, history tells us that pullbacks represent the perfect opportunity to buy into high-quality, innovative businesses at a discount. It's a lesson that the most successful money managers know all too well.
Thanks to Form 13F filings -- 13Fs are a required filing with the Securities and Exchange Commission for money managers with more than $100 million in assets under management -- we can get a firsthand look at what the most widely followed billionaire fund managers have been buying and selling in the most recent quarter (in this instance, the fourth quarter).
Source Fool.com
