Billionaire Stanley Druckenmiller Is Piling Into a High-Yield Dividend Stock Trading for $0.82 on the Dollar -- and Warren Buffett Owns It, Too

Following billionaire investors can be a good idea. Many of these investors run large funds that manage billions in capital. They also have a lot of experience and professional training, and have been through plenty of market cycles.I would never recommend investing blindly without due diligence because large hedge funds invest over different time horizons than most retail investors and with distinct goals. Still, retail investors can use the quarterly filings of hedge funds and asset managers, accessible through the Securities and Exchange Commission (SEC), to get new investment ideas and to check their thesis if they own one of the same holdings.Recently, billionaire Stanley Druckenmiller piled into a high-yield stock trading for 82 cents on the dollar, which Warren Buffett also owns. Let's take a look.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool