The Rich Get Richer and So Can You:
Investing in a Billionaires’ Index

Abstract

Are the rich getting richer? Our data suggest so. Rather than complaining about the unfairness of it all, this article offers a simple approach for the average investor to get richer, too. An index of publicly traded stocks controlled, created, or managed by the world’s wealthiest individuals, known as the Billionaires’ Index, tracks the annual list compiled by Forbes magazine. It doesn’t work every year, but on average, it seems to provide excellent results. Will the new Index work in the future for you?

TOPICS: Wealth management, mutual funds/passive investing/indexing, equity portfolio management