George Soros just bought these 3 stocks. Should you invest in them too?
Following big investors can be beneficial because this approach gives us some insight into what stocks might be good to buy now. However, it is important to remember that investors still have to do their own homework. As for George Soros, his private firm, Soros Fund Management, manages just over $5 billion in assets. We will focus in this article on three stocks in which Soros increased his position in 2Q.
Securities and Exchange Commission rules mandate that mutual funds that manage assets in excess of $100 million and include exchange-traded funds must disclose their holdings each quarter in a form called a Form 13F. This report is intended to promote transparency about what different funds are doing, but it has the added benefit of allowing investors to see what top-level investors like Warren Buffett or George Soros are doing with the capital they manage.
Soros Fund Management and its strategy
George Soros runs Soros Fund Management, a private firm that…
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