Billionaire Steve Mandel said he doesn’t like fixed income because of extremely low yields and inflation risk. His favorite stock pick is Kohl’s (KSS). Mandel didn’t have Kohl’s in his portfolio at the end of March. This may be a recent pick for him. Mandel’s biggest positions are Google (GOOG), Priceline (PCLN), and Apple (AAPL). At the Ira Sohn Conference he mentioned that he likes certain names in tech but didn’t name any. These are probably his favorite picks.