Invest Better Than Bill Gates
Jim Cramer is a huge fan of Stockpickr, where he's been able to glean a lot of investment ideas.
Take for instance the George Soros portfolio. I've written a number of "Trade Like George Soros" articles on TheStreet.com, based on the idea that if we follow the Soros trades, we could do as well as him.
Cramer, however, took that idea one step further. On the July 12 episode of "Mad Money," Cramer suggested an alternative: trading better than George Soros. Some stocks in Soros' portfolio might be laggards, or even losers. So why not eliminate the losers and stick with the winners?
By conducting a mini "Lightning Round" based on the George Soros portfolio, Cramer culled out the weeds and left us with a garden of stock delights. At Stockpickr, there are a number of portfolios, such as High-Yield George Soros Stocks, Soros Stocks With Insider Buying and Cramer's Take on Select Soros Plays, that attempt to outperform the Soros portfolio.I decided to follow Cramer's lead, this time using Bill Gates' portfolio, Cascade Investments. Cascade, Gates' investment company, was worth $3.5 billion as of March 30. His portfolio is very concentrated, invested in only about a dozen stocks. Given the small number of investments, it's fair to assume a lot of homework and money goes into each stock pick -- so much so that Gates can, if he wants, exert significant influence on management. My Better Than Bill Gates portfolio at Stockpickr deconstructs Gates' holdings, keeping what I believe are the winners and discarding what I believe are the losers.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV