3 Supercharged Growth Stocks Down 62% to 94% That Billionaires Can't Stop Buying
It's been tough sledding for the investing community in 2022. At their respective worst, the timeless Dow Jones Industrial Average, benchmark S&P 500, and growth-centric Nasdaq Composite shed as much as 19%, 24%, and 34% of their value. Though all three indexes have bounced from their June 2022 lows, the Nasdaq remains firmly in a bear market.
Yet in spite of this heightened volatility, billionaire investors have stood their ground. Instead of heading for the sideline, Form 13F filings with the Securities and Exchange Commission (SEC) show that most billionaire money managers were active buyers during the first half of the year.
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Source Fool.com
