Billionaires Are Snapping Up Beaten-Down 23andMe Stock. Should You Follow Their Lead?

If you're an individual investor who wants to invest like a billionaire fund manager, I've got good news. Following billionaires is relatively easy because the U.S. Securities and Exchange Commission makes anyone who manages over $100 million in assets report their trading activity every quarter.In the last three months of 2023, several prominent billionaires bought shares of 23andMe (ME -8.17%) even though the stock has been plunged from its previous peak.Before plowing any of your hard-earned money into t ...