What Top Investors Have in Common We looked at 10-year returns and portfolio concentration among 10 legendary...

What Top Investors Have in Common
We looked at 10-year returns and portfolio concentration among 10 legendary investors. Key takeaways:
🔹High concentration
On average, they put 43% of their portfolio into just their top 3 holdings.
🔹Best performer last decade
Not Warren Buffett, but Stanley Druckenmiller with a 19.08% CAGR. The S&P 500 averaged 13.8% over the same period.
🔹No overlap
Only one company (Brookfield) appears in more than one investor's top 3. Each thinks independently.
Lessons learned
• Focus beats diversification
• Adaptability matters more than rigid rules
• Avoid crowded trades