2024-03-14 07:15:00 ET
Summary
- Big tech and Bitcoin have soared to start 2024, while many other sectors have floundered.
- However, some of the world's leading billionaire investors - such as Buffett, Schwarzman, and Druckenmiller - are pouring capital into overlooked sectors.
- We discuss three of them here along with what these billionaires and we are buying.
So far in 2024, mega-cap stocks (a.k.a. the "Magnificent Seven") as well as Bitcoin ( BTC-USD ) have consumed most of the investing limelight due to the tremendous total returns that they have been generating. In particular, Nvidia has led a surge in AI-related stocks during its historic run. At the same time, Bitcoin's epic rally has spurred the likes of Michael Saylor of MicroStrategy ( MSTR ) to confidently assert that it will “eat gold“ on its way to becoming not only the dominant digital asset but also the world's favorite medium of exchange in store of value....
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For further details see:
Billionaire Investors Are Buying These 3 Sectors Hand Over Fist