Showing posts with label cni. Show all posts
Showing posts with label cni. Show all posts
Tuesday, January 27, 2009
Gates Finds Value For His Foundation And His Personal Portfolio
The former Richest man in the world Bill Gates is now spending much of his time helping his wife Melinda Gates run the worlds largest foundation "The Bill & Melinda Gates Foundation". Along with running the foundation Bill also has his own Investment company known as Cascade Investments, which is a diversified investment company that has holdings in many different fields. Its interesting to note that Gates Holdings in the "Foundation" and "Cascade" are not what you would think of the software king. Most of his holdings are broad based including pharmaceutical, energy, transportation, consumer beverage, building materials and insurance companies. In his personal account which is Cascade Investments he holds an eclectic group, but much more concentrated than the Foundations portfolio. The three largest holdings between the two portfolios are Berkshire Hathaway(BRKA,BRKB), Canadian National Railway(CNI), and Republic Services(RSG). He also has a sizable stakes in Fomento Economico(FMX) which is the Latin American Coke(KO) and beverage company, and Gruppo Televisa(TV) which is a Latin American media company. He also just recently upped his position in Otter Tail(OTTR) an electric company with a diverse portfolio within itself.
Wednesday, January 21, 2009
Billionaires Buffett & Gates Up Stakes In RailRoad & Waste
Author is currently long BNI
Saturday, December 6, 2008
Warren Buffett Is Adding to His Train Set
At 78 years old Warren Buffet is still playing with CHOO CHOO TRAINS, but their no longer the Lionel Trains from childhood day's. Looks like the Oracle of Omaha is amassing a large position in his favorite railroad company Burlington Northern Santa Fe(BNI). Buffett has been acquiring a position in this company since early 2007 and buying it on dips in the $70-80 range. He has also used the tactic of selling puts on the stock which pays him similar to getting a dividend. If the stock hits his strike price the stock is put to him . If the stock never hits his strike price he pockets the option premium. Earlier in the year the stock almost hit $115 per share but has fallen back with the over all market. Here is a link to Berkshire Hathaway's(BRKA,BRKB) current filing.
also be sure and check the link to Gurufocus:
Thursday, November 20, 2008
Bill Gates The Value Investor
It looks like Bill Gates co-founder of Microsoft is also a value player. Gates controls a holding company named Cascade Investments which has been around for 14 years. Currently Cascade Investments holds a diverse basket of 18 stocks. These businesses range from a railroad to a soft drink bottling company. It certainly looks like Cascade Investments is modeled in some ways like Warren Buffetts Berkshire Hathaway(BRKA,BRKB) excluding the insurance companies. In a recent 13F filing Gates added to his position in Republic Services(RSG) upping his stake to nearly 20% of the company. Republic Services is one of the United States leading waste providers. The largest holding in the portfolio is Canadian National Railway(CNI) which Gates owns about 7% of the common shares. He also upped his stake in Fomento Economico Mexicano,SAB de SV(FMX) which produces, markets, and distributes Coca-Cola trademark beverages as well as SOL Beer. He now holds 5.9% of the common shares of Fomento. His newest holdings which are rather small purchases include AutoNation(AN), Patriot Coal(PCX) and Strategic Hotels &Resorts(BEE). Interesting to note is that Buffett and Gates own some significant stakes in the rails. It also looks like Gates took a page out of Peter Lynch's One Up On Wall Street and invested in a boring and disgusting business that being Republic Services. Whats next for the King of Software?
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