5 Stocks Billionaire Money Managers Want to Own in 2023
Sometimes, Wall Street gives investors a lemon. In 2022, each of the major U.S. stock indexes dipped into a bear market, while the bond market is on pace for its worst year ever. There simply haven't been many safe-havens.
But when Wall Street gives investors lemons, billionaire money managers turn those lemons into lemonade. Despite a decline of as much as 38% for the tech-focused Nasdaq Composite from its November 2021 peak, billionaires have stood their ground and put their money to work on Wall Street.
Based on the latest round of 13F filings with the Securities and Exchange Commission, billionaire money managers clearly want to own the following five stocks in 2023.
Source Fool.com