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> BTW most of Bill Gates's wealth is actually tied up in productive assets That's the problem. It's tied up, and it doesn't need to be. Unlike institutional in
by Bubble_Pop_22 4y ago
> BTW most of Bill Gates's wealth is actually tied up in productive assets
That's the problem. It's tied up, and it doesn't need to be. Unlike institutional investors those who are in the Forbes 400 don't need to consult shareholders or basically anybody, they are already past that point. In fact a family office is essentially just the billionaire and a couple of accountants...people resent them for not going double or nothing on moonshots.
Bill Gates isn't getting any younger, so is Warren Buffet and Munger. When will they open the floodgates? The Rockefeller foundation is still standing and the founder died almost 100 years ago