This fund tries to try to be like Buffett and Soros: the iBillionaire Index ETF
August 01, 2014 at 11:09 AM EDT
The Direxion iBillionaire Index ETF aims to invest in 30 large-cap stocks that appear to be the favorites of guys like Warren Buffett, Carl Icahn, David Einhorn and George Soros. But is it a gimmick?