When you are the co-founder of the world’s largest personal computer company – Microsoft (NASDAQ:MSFT) – and one of the world’s wealthiest people, it is not necessary for you to make many stock moves in a quarter unless you feel compelled to do so. Apparently, Gates did not feel so compelled in the first quarter. He made only three transactions, and two of them were sales.
Gates’ sale of 5,000,000 shares of Berkshire Hathaway Inc (NYSE:BRK.B), Warren Buffett (Trades, Portfolio)’s Nebraska-based multinational holding company, was easily his largest transaction of the quarter. Gates received an average price of $147.14 per share, and Berkshire Hathaway remains both the largest and the most valuable stake in his portfolio – again, easily. The deal had a -3.75% impact on his portfolio. Continue Reading »