When billionaires jump on the same trend, it’s important for investors to take notice. The pieces often don’t come together immediately, but these investors have millions of dollars in resources devoted to getting the most up-to-date information as quickly as possible. They can spot trends months in advance that others may not notice until it is too late.
hedge fund manager George Soros A polarizing figure, but you’d be a fool to ignore some of his investment trends. Soros Fund Management Holdings 13F was recently released, and a new company tops the list as its largest holding. Soros recently bought a property worth $325 million. Horizon Therapeutics Plc (NASDAQ: HZNP), which now makes up 5.54% of his portfolio, despite having previously owned none.
Horizon is a biotechnology company developing treatments for rare and rheumatic diseases. In a vacuum, this may or may not matter. But several other notable billionaires are also making similar strides in the healthcare industry.
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Ray Daliofounder of Bridgewater AssociatesThe world’s largest hedge fund is making a similar bet. two of its largest holdings are Procter & Gamble Company (NYSE: PG) and Johnson & Johnson (NYSE: JNJ). Collectively, they make up 7.57% of the entire hedge fund’s portfolio. In a recent interview, Dalio said that biotech is one of the current investment sectors that he finds interesting.
jeff bezos‘S Amazon.com Inc. is also fast becoming a healthcare powerhouse. Amazon officially closed its $3.9 billion acquisition of One Medical earlier this week. Earlier this year, Amazon launched a low-cost subscription service for generic drugs for Prime members. This comes after the full rollout of Amazon Pharmacy, other ventures around telehealth, and significant investments in the space.
In competition with Amazon, entrepreneur and TV personality mark cuban rolled it out Mark Cuban’s Cost Plus Drugs Company. In 2021. This has been one of his biggest focuses of the last two years and it is likely that the billionaire wants to be his legacy. Cuban startup an example of potential upside startup investment and private market.
That means at least four of the top billionaires are using some of the world’s biggest companies to invest in healthcare.
For Investors: There are many options for investors. Following in the footsteps of these magnates in these holdings is a very easy and straightforward option. Mark Cuban’s Cost Plus Drugs company is a private startup, so investors are out of luck. But investors have options if they’re looking Invest in healthcare startups.
This move into healthcare stands in stark contrast to the usual tech plays that flock to billionaires. But diversifying into different investment sectors shows potential upside.
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this article Jeff Bezos, George Soros, Mark Cuban and Ray Dalio all have one thing in common: They’re betting big on the industry originally appeared benzinga.com
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