Saturday, November 29, 2014

A Hidden Gem Of Bill Gates' Portfolio Is Now A Bargain: Arcos Dorados Holdings, Inc. (Nasdaq: ARCO)

You know the old saying, "the rich get richer..." Well, when it comes to Bill Gates, it surely is true.
He amassed a multi-billion dollar fortune when he ran Microsoft Corp. (Nasdaq: MSFT), and he's making a lot more money through his two investment firms, Cascade Investments and the Bill & Melinda Gates Foundation Trust. (Credit also goes to a savvy right-hand man, Michael Larson, who by one recent account, has helped Gates grow his post-Microsoft nest egg to $82 billion from $5 billion.)
That's why so many investors track the ongoing portfolio moves by Gates, Larson and their team. Simply following in their wake can help generate solid portfolio gains. But there's a catch. These folks don't make short-term trades, they make long-term investments. I profiled that approach a few years ago as Gates and his team kept buying shares of AutoNation, Inc. (NYSE: AN), even as shares repeatedly hit new highs. (more)

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