It has been a challenging year for investors, but we can all take heart in the fact that some of the world's most renowned investors are finding opportunities in the bear market and are initiating positions in new stocks.

These billionaires have long track records of building significant wealth, and according to the latest 13F filings, they were all adding new positions during the third quarter. Let's look at three interesting new buys that billionaires made during the period.  

Image source: The Motley Fool.

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Source Fool.com