This Billionaire Investment Legend is Betting on the QQQ. Is it a Better Bet Than the SPY?

Core Insights - A billionaire investor is making a significant investment in an ETF, which is a notable occurrence in the investment landscape [1] Company and Industry Summary - The investment by a billionaire in an ETF highlights a growing trend among high-net-worth individuals to diversify their portfolios through exchange-traded funds [1] - This move may indicate a shift in investment strategies, as ETFs offer liquidity and lower fees compared to traditional mutual funds [1]