From Ben Morris, Editor, DailyWeath Trader:
Deals this good are extremely rare…
And the world’s best investors know it.
Of the two dozen gurus whose portfolios I recently examined, 11 of them were holding shares.
As I explained last week, elite investors who manage at least $100 million are required to file forms (called “13Fs”) with the U.S. Securities and Exchange Commission (SEC) every three months. These forms detail which stocks they hold, which ones they’ve recently purchased, and which ones they’ve sold.
These elite money managers have decades of experience, huge research budgets, the best contacts, and long track records of success. So reading these reports is a way to get millions of dollars’ worth of research for free.
As I combed through the most recent batch of 13Fs a couple of weeks ago, a familiar stock turned up again and again: $560 billion consumer-electronics giant Apple (AAPL).
Apple’s…
