iBillionaire - an iphone app and index that lets you track the investments of popular billionaires

James Marlay

Livewire Markets

iBillionaire - an iphone app and index that lets you track the investments of popular billionaires. It purports to offer a snapshot of where the most successful investors are putting their money. The company behind the concept hopes to follow up with an iBillionaire exchange-traded fund. The ETF would allow regular investors to buy shares in a portfolio that tracks the index, effectively putting their money where the billionaires mouths' are. According to iBillionaire, its own index would have outperformed the S&P 500 by 9.23 percentage points in the last year. Skeptical? Clone funds are not a new concept and there are more sophisticated versions on offer. You can see how some have performed on the following link (VIEW LINK)


2 topics

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment