Big Billy Gates Loves Trash (RSG)
Recent filings showed Microsoft founder Bill Gates, through his Cascade Investment fund, has been aggressively building his stake in waste management company Republic Services Inc. (NYSE: RSG).A recent Form 4 filing showed Gates bought another 500,000 shares on 2/2 which brings his stake to 44,894,569 shares. Gates has bought over 10 million shares of Republic Services since September 30, 2008.
One service you can't cutback on is waste removal.
Billy may finally have a winner here.
Track Bill Gates news here - or - Cascade Investment news here.
Labels: Bill Gates, Cascade Investment, Republic Services (RSG)
posted by Lon at 3:19 PM
10 Comments:
Nice, good old Bill probably is on to a winner there. Fair play to him, but I was under the impression the big man was out of the money game for good, he swung to the enviroment side of things, guess that was just concerning microsoft though eh. The mans keeping his mini portfolio alive and kicking. It will be intersting to keep any eye on it i think, backing bill cant be bad right.
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Now, I am not one who considers economics a strong suit. I like to attempt understanding of it, but I struggle through books written by economists (but hate also to read "dummied down" primers). Meltdown was just my speed
Ask any Joe on the street (or, apparently, on the major news networks) what the primary cause of the current recession is. The main culprit, they say, is American greed both by producers and consumers.
It is suggested that the recession could continue for years - like the Great Depression or "the lost decade" in Japan - because the remedies being used (e.g., near zero interest rates, massive deficit spending, and bail outs for collapsing firms) will perpetuate the underlying problems instead of solving them. Time will tell, but I am inclined to agree that there could be another dip in 2010.
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I am writing to you about a company called Cord Blood America, Inc (CBAI). They are opening the largest Cord blood storage facility in the US. It is in Las Vegas and is 17,000 sq ft. I was wondering if a company like this with such great potential could be featured in one of your blogs? There are some great things happening in this field and the news surrounding cord blood storage. Mr. Matthew Schissler is the CEO – here is the website - http://www.cordblood-america.com/
The Grand opening of the lab is scheduled for January 22, 2010. Their website is also CorCell at www.corcell.com. I feel an acquisition here with their new lab opening. It is the largest in the US. Their stock price is around .0054 and it will be over .25 soon.
Thanks for considering,
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