How to Invest Alongside the Most Successful Hedge Funds

You don't need a Bloomberg terminal, a private jet, or a research team to invest alongside the world's most famous hedge fund managers… you just need to know where to look. Today, Nicole breaks down five real ways everyday investors can piggyback on billionaire money managers like Bill Ackman, David Einhorn, and Warren Buffett, from closed-end funds and copycat ETFs to buying the "tollbooth" instead of the cars driving through it. Check out Nicole's financial literacy course ⁠The Money School⁠  Find a Financial Advisor or Financial Coach from Nicole's company ⁠Private Wealth Collective⁠  Watch video clips from the pod on ⁠Money Rehab's Instagram⁠ and ⁠Nicole Lapin's Instagram⁠  Here's what Nicole covers today: 00:00 Are You Ready for Some Money Rehab? 00:15 Piggyback on a Billionaire's Portfolio 00:33 Option 1: Buy a Closed-End Fund Like Ackman's PSUS 01:33 Why PSUS Trades at a Discount to NAV0 2:25 Option 2: Buy the Manager, Not the Fund 03:04 Option 3: The Insurance Float Trick (Einhorn's GLRE) 03:45 Option 4: Buy Berkshire Hathaway 04:31 Option 5: Copycat ETFs Like GURU 05:12 Which Option Is Right for You? 05:31 Confusing a Great Investor With a Great Investment 05:54 Tip You Can Take Straight to the Bank All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions. Learn more about your ad choices. Visit megaphone.fm/adchoices