TSX:BPO.PR.A - Post by User
Comment by
wynneron Jun 13, 2024 6:05pm
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Post# 36088138
RE:Good enough for Bill.... good enough for me!
RE:Good enough for Bill.... good enough for me!pierrelebel wrote: Bill Gates, the 9th richest person in the world with an estimated net worth of $132.2 billion, has mastered the art of dividend investing. His portfolio, based on the latest 13F filing for the Bill & Melinda Gates Foundation Trust, is generating a staggering $476,619,848.15 in annual dividend income. This translates to an average of $1,305,807.80 per day.
Regardless of stock price fluctuations over the next year, Gates is set to earn nearly half a billion dollars in dividends. This highlights the importance of focusing on income generation rather than solely relying on capital appreciation. Notably, over 70% of the stocks in Gates’ portfolio (17 out of 24) pay dividends, underlining his preference for income-producing assets.
One of a few true geniuses. Proves to me that you can be smart without being just greedy. Pals around with Warren.
Hedge funds on the other hand struggle to make 7%. Who needs them. Not us.
Also in G&M . Some rats caught in a trap.
https://www.theglobeandmail.com/business/article-torontos-anson-funds-reaches-settlement-with-us-regulator-over-short/?utm_medium=email&utm_source=Streetwise&utm_content=2024-6-12_21&utm_term=Toronto%E2%80%99s%20Anson%20Funds%20reaches%20settlement%20with%20U.S.%20regulator%20over%20short-selling%20practices&utm_campaign=newsletter&cu_id=OJBI1FpLAC5VQEYZWGXM37lAgzPN7K4s