By Daily Trade Alert It’s that time of the quarter again, where we get a sneak-peak into the latest portfolio changes of two of the world’s richest men, Warren Buffett and Bill Gates.These billionaires should be some of the best-informed investors on the planet, so it’s always interesting to see which stocks they’ve been loading up on… and which ones they’ve been dumping.In case you missed it, yesterday’s alert identified nine stocks Buffett recently purchased… and we called particular attention to one of our personal favorites, Intel (Nasdaq: INTC).Today, we’re reporting on the Bill & Melinda Gates Foundation Trust’s latest portfolio changes.Here’s a summary of what it’s been buying and selling…Buying•Bought 351,019 shares of Diamond Foods (Nasdaq: DMND) — NEW•Bought 598,737 shares of TripAdvisor (Nasdaq: TRIP) – NEW
Bill Gates bought some and then promptly lost 35%. Brilliant.
Gates' average buy price was $47. I'm sure DMND would get somewhere around that in any buyout to K. BTW - check out his other buy last year; TRIP. Don't know when it will happen but it's going to take off eventually.
ok. Nobody can ever insult a DMND shareholder by calling them stupid anymore. Bill Freakin' Gates bought it.