Warren Buffett's, Bill Ackman's, and Michael Burry's Portfolios All Have 1 Thing In Common
If we're talking about great investors, three names that immediately come to mind are Warren Buffett, Bill Ackman, and Michael Burry.
Buffett and his company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) have routinely beaten the market since Buffett took over the company in 1965. Ackman and his fund Pershing Square Capital Management have generated 17% annualized returns since the fund launched in 2004. And Burry is famous for his call that the housing bubble would collapse prior to the Great Recession, a bet that would yield him and his investors an $800 million profit.
Yes, all three of these investors have a proven track record and decades of experience. But if you look at all three of their portfolios, you'll also notice one common trait.
Source Fool.com
