Meet the Artificial Intelligence (AI) Stock That Makes Up 22% of Billionaire Bill Ackman's $11 Billion Portfolio
AI is the cherry on top of this big tech sundae.When it comes to investing, hedge funds generally have a bad reputation -- and for good reason. A report released by The American Enterprise Institute a few years ago helps illustrate why. An analysis of hedge fund returns between 2011 and 2020 found that the S&P 500 beat the average hedge fund's return every single year, and usually by a wide margin. In fact, during that 10-year stretch, hedge funds returned roughly 5%, on average, compared to 14.4% gains for ...