What Are Billionaires Buying? Oil.

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That’s Buffett, Icahn, and Paulson — three of the most legendary investors in the game.

But do you know what they all have in common besides being multi-billionaires?

They each added to energy positions in the last quarter.

What are billionaires buying?
At the end of each quarter, fund managers have 45 days to report their activities to the SEC. That deadline just passed for the second quarter, and here’s what we learned…

See The List at Seeking Alpha