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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

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26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

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He sold his last company to Palantir. Now he's betting $32 million that robots can fix construction's labor crisis
Apple

The Apple investment strategies of three iBillionaires

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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August 21, 2014, 2:38 PM ET
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Apple is once again the No. 1 security held by iBillionaire Index’s roster of 21 billionaire investors. The top three Apple investors on the list, however, don’t quite see eye-to-eye.

Carl Icahn (net worth: $14.8 billion) is buying Apple, David Einhorn ($1.1 billion) is selling and David Tepper ($5.1 billion) is standing more or less pat — or at least that’s what they were doing last quarter.

The iBillionaire Index, which has a sharp new YouTube ad (see below), offers investors a 30-stock portfolio designed to mirror the investment strategies of those billionaires. It has been licensed to Direxion Investments for the iBillionaire Index ETF.

The fund opened last November, having begun life as an iOS app (iBillionaire) and website (iBillionaire.me).

Screen Shot 2014-08-21 at 2.01.23 PM
So far the index is up 17.6%. The attached chart shows its performance against the S&P 500 since Nov. 1. (click to enlarge)

The catch is that when events unfold quickly iBillionaire will always be a beat behind the real billionaires.

That YouTube ad:

[youtube=http://youtu.be/hktDi2rRv_U]

Follow Philip Elmer-DeWitt on Twitter at @philiped. Read his Apple (AAPL) coverage at fortune.com/ped or subscribe via his RSS feed.

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By Philip Elmer-DeWitt
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