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Whether Gates owns Microsoft stock is of little relevance to either Gates or Microsoft. He's clearly not selling because he needs the money; he's selling becaus
by sjwright 13y ago
Whether Gates owns Microsoft stock is of little relevance to either Gates or Microsoft. He's clearly not selling because he needs the money; he's selling because eventually he (or indeed his philanthropic foundation) will have more use for cash than MSFT shares.
As the article says, he is selling the stock progressively. I know very little about stock market strategy, but presumably this is the most effective way to divest without flooding the market, shocking the market, sending signals, prompting investigations of financial impropriety, etc.
- icantthinkofone 13y ago"He's clearly not selling because he needs the money; he's selling because eventually he ... have more use for cash than MSFT shares." So, iow, he wants the money.
- dopamean 13y agoneeds vs wants
- deleted 13y ago[deleted]