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Former Hedge Fund Manager Whitney Tilson Puts His Kids' College Savings Into Just Five Stocks

Former hedge fund manager Whitney Tilson is confident enough in his investing abilities that he’s included just five stocks in his children’s college-savings portfolios.

In an email last night, Tilson outlined his strategy for the accounts: 50 percent in Berkshire Hathaway Inc., 25 percent in real estate company Howard Hughes Corp., and 25 percent “evenly split” among Inc., Alphabet Inc. and Facebook Inc. (or three of the five members of FAANG). He even posted new slide presentations to further explain his theses on two of the stocks.