The billionaire investors have access to the financial world about which regular day trader can only dream of. For instance hedge fund manager David Einhorn was involved with Delphi Automotive (DLPH) before the company came out with its initial public offering. He is now one of the major owners of this company which has increased 37% in value over the past year.
Hearing about profits made by investors like Einhorn makes people want to learn what the leading investors are buying shares of. The Securities and Exchange Commission requires that large investors reveal their holding once every quarter. This makes it possible for smaller players to get in on the action that the billionaires are perusing.
Two entrepreneurs have created an app called iBillionaire through which day traders or curious laymen can track the investments of billionaires. This is exciting for anyone who wants to make money on the stock market.
Written by: Toma Karamanolev