How to get Richer with the Richest
@Alvin Chow:
It's a commonly heard phrase that "the rich get richer," and this has often been demonstrated by the increase in the number of billionaires and their total wealth over the years. This got me thinking: what if we could invest alongside the world's richest individuals by investing in the companies where much of their wealth is concentrated? To see if this investment strategy holds merit, I decided to conduct a test. The approach was to create a portfolio of stocks based on the top 10 richest individuals, with each stock given equal weighting. We would then rebalance the portfolio whenever the ranking of the wealthiest individuals changed. So, what kind of returns could one expect from this approach? 2018 To put this investment strategy to the test, I created a simulation by investing $100,00