Billionaire Steve Cohen's Favorite Picks: 4 To Buy, 1 To Avoid

Billionaire hedge fund manager Steve Cohen, the founder of $14 billion SAC Capital, earned more than twice as much in 2012 than he did in 2011.

By Rash Menaria: Steve Cohen is the founder of SAC Capital Advisors, a Stamford, Connecticut,-based hedge fund managing ~$14 billion in assets. The firm has posted an enviable 30% average annual return for investors from 1992-2010.

By Lalit Sharma:Founded in 1975 by Ray Dalio, Bridgewater Associates is a Westport, CT-based investment advisory and hedge fund firm. It caters to charitable organizations, corporations, pension and profit sharing plans, foreign governments, central banks and banking or thrift institutions.

Another SAC Capital alum is talking to the feds.

By Lalit Sharma:The following are some of the top low PE stock legendary hedge fund manager George Soros is holding, according to Soros Fund Management's latest 13F filing.Wells Fargo & Company (WFC): My Take - Buy

By Lalit Sharma:J.P. Morgan Chase and Co. (JPM) manages ~ $200 bn in equity assets primarily through its asset management subsidiary JP Morgan Asset Management. It caters to high net-worth individuals, corporations, pension and profit sharing plans, charitable organizations and institutions.

By Lalit Sharma:Billionaire T. Boone Pickens is one of the most well-known investors in the energy space. He has years of experience in the oil and gas industry, and founded his investment fund BP Capital in 1997. In this article, I will be discussing some of the top Oil and Gas holdings of BP Capital from its latest 13F filing with SEC.

By Lalit Sharma:I discussed legendary hedge fund manager George Soros' Top Buys from the last quarter in a previous article. In addition it is also interesting to look at the top stocks where George Soros is reducing his holdings.