Bill Gates Foundation owns HALF MILLION Shares of MONSANTO
TravisTheSky
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"May you live in interesting times."
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TravisTheSky
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he is wealthy enough.....he can own any quantity, of any company, of his choosing.
also....if any of you invest in mutual funds, not just pearl jam posters and spending all your money on each concert, there is a chance you own monsanto as well. due to the fact, .75 of their shares are held by institutions.
It's just the way things are... I could choose to pull all of my funds, pay taxes on the total and put the remainder in a box in my house... but, come time to retire... I will not have enough to live on and will have to fall back on social services.
Hail, Hail!!!
cause Pearl Jam loves you too. really, they do.
maybe you're not, but for the purpose of this excercise it really doesn't matter, see, i can make assumptions too!
:wave:
exactly..
Here is the Bill & Melinda Gates Foundation's filing with the Securities and Exchange Commission dated 16 August 2010. It lists quarterly holdings through 30 June:
http://www.sec.gov/Archives/edgar/data/1166559/000104746910007567/a2199827z13f-hr.txt
Other investments include 7 million shares of Exxon, 7 million of BP, 9 million of WalMart, 9 million of McDonald's, 10 million of Coca Cola, a half million of Monsanto, and a half million of Goldman Sachs.
Yeah, I saw that, but thanks. I guess I'm just looking for a less sensational, more balanced article about it.
Looking at it objectively, you just have to figure that's the nature of 'Investments'. No one invests in something to lose money, right? Investments are supposed to make money for you so you will have money in the future, when you will need it.
Sure, you can put all of your money in a publicly traded company that you like... but, if that company tanks... you will lose all of your savings. It is smart to have a portfolio with a diverse numbers of cash, stocks and bonds... those stocks in Standards and Poors 500 are those stocks that are making money... such as Monsanto and BP. You can't invest in S&P 500 and pick out BP stock like the onions on your burger.
The Gates... we're taking about astronomical numbers that none of us can even imagine. Where I may own a couple of thousand dollars in BP in my portfolio, they own in the billions because of the vast differences in their income, as opposed to mine.
That is just the way the global financial system works.
Hail, Hail!!!
my plan is to wait for an opportunity to invest in a business - a business that believes in a triple bottom line at which point - i'll pay the penalty and take all that money and put it into that ...
as for bill gates ... the reality is - he's a multi-billion dollar entity ... you can't become one without playing the game and lowering your standard of ethics ...
trust me - it's not easy to live a life of zero guilt ... i bought a teething toy for my friends new kid and the best part was that it was made in canada ... everything else in this independent toy store was made in china ...