The best hedge fundsmake billions of dollars in profit, and consistently beat the S&P 500!
For example, the S&P 500 lost 18% in 2022, but Citadel, a top hedge fund, made a 45% return! ๐
So hedge funds are potentially a great investment, but only the ultra-rich or large institutions can invest in them ๐ฉ
But how can you take advantage of them?
Luckily, hedge funds have to report their investment decisions to the public at least once every 45 days. Some report them more often! ๐
So, anyone can see a hedge fundโs investments and mimic their moves! ๐
This is known as copy trading. โก๏ธ๐
Let's say a hedge fund reports investing 10% of its funds into Nvidia stock ๐
You can then put 10% of your funds into Nvidia too, copying their strategy. ๐ค
If Nvidia goes up, then both you and the hedge fund can profit! ๐คฏ
On Bloom, you can automatically copy-trade top hedge funds like Warren Buffettโs Berkshire Hathaway, and Bill Ackmanโs Pershing Square!
Itโs important to note that copy trading does not guarantee the same profits as directly investing with a fund โ ๏ธ
By the time you copy trade, market conditions might have changed. Plus, hedge funds may change their positions before their next report comes out, so you cannot guarantee to copy their exact returns ๐
So while it's a cool trick, it's not foolproof and should be used cautiously. ๐ค
Check out Bloomโs Auto-Portfolios for hedge funds you can copy right now!