Billionaires Are Buying an ETF That Could Soar 18,234% If Michael Saylor of Strategy Is Right

Exchange-traded funds (ETFs) have become all the rage in the stock market because they are traded like stocks and allow investors to easily gain exposure to a wide range of assets or even a basket of assets. Everyone, from retail investors to billionaires and their hedge funds, buy them.When billionaires buy a stock or ETF, it is often viewed by the market as a bullish indicator. While it certainly can be, investors should make sure to do their own due diligence, because these investments are usually at least a few months old when the public finds out about them. Nevertheless, looking at what billionaires invest in can be a great source of inspiration for new ideas.Recently, billionaires have been piling into an ETF that could soar 18,234% over time if Strategy's (NASDAQ: MSTR) executive chairman Michael Saylor is right. Let's take a look.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool