iBillionaire Index (BILLION)
The iBillionaire Index (BILLION) is designed to track and measure the performance those who have, over time, reaped the biggest rewards on Wall Street: financial billionaires. The index monitors the portfolios of leading billionaire investors, such as Warren Buffett, Carl Icahn, Daniel Loeb, David Tepper and David Einhorn. It is composed of the top 30 large-cap equities listed on the S&P 500 in which these financial billionaires have allocated the most funds, providing ample trading liquidity, and well-known benchmark, and better results to equity indexation than capitalization-weighted indices. Devised from 13F filings, the iBillionaire Index provides investors an efficient and effective way to follow the smart money. In essence, the index works as though one gathered a group of billionaires and asked them to come to a consensus as to which S&P 500 stocks are the best bets. This will be added to the tools section of Research Resources Subject Tracer™ Information Blog. This will be added to Business Intelligence Resources Subject Tracer™ Information Blog. This will be added to Reference Resources Subject Tracer™. This will be added to Entrepreneurial Resources Subject Tracer™.