Mason Hawkins graduated from Florida’s University of Florida in 1970. He and his partners founded the fund Southeastern Asset Management in 1975 after studying at the University of Florida. The investor believes in buying stocks valued at less than their intrinsic value when the price rises. Here is Insider Monkey’s list of 10 Best Stocks to Buy According to Billionaire Mason Hawkins.
Baidu is tenth on this list. The company recently came up with China’s first commercial self-driving bus, Baidu Apollo. Mason Hawkins’ SEC-registered fund has a large position in Baidu. Based in Hamilton, Lazard Ltd is a worldwide financial advisory and asset management firm. Shares of LAZ soared over the last twelve months. LAZ positions account for 4.7% of Mason Hawkins’ overall portfolio. MGM Resorts comes 8th with a vast portfolio of luxury hotels and casinos, including Bellagio, MGM Grand, and The Mirage Hotel and Casino. MGM Resorts International has a market cap of $19.92 billion. FedEx accounts for 5.1% of Southeastern’s total portfolio. According to billionaire Mason Hawkins, Philadelphia-based telecommunications company Comcast Corporation ranks 6th on the list of the 10 best stocks to buy. The company has a market cap of $252.4 billion. Read Insider Monkey’s article The 10 Best Stocks to Buy According to Billionaire Mason Hawkins.
