Sometimes it's interesting just to attempt to process and think through the different relationships
and allegiances that influence Wall St.
So, Mr. Bill Gates and Mr. Warren Buffett are best friends. Berkshire, Buffett's creation, owns a lot of Coca Cola shares.
In March of this year, Mr. Gates announced that he is withdrawing from the board of both Microsoft and Berkshire. Is it possible that Mr. Gates' withdrawal from these boards will help him not to feel conflicted as he moves ahead with a greater focus on his foundation?
Microsoft, this month of July 2020, announced a 5 year deal with Pepsi co, to have all it's employees use certain Microsoft products and have access to Microsoft teams. ( I'm assuming these are support personnel)
Remember that the Gates Foundation, which is run by Mr. Bill Gates and his wife Mrs. Melinda Gates, is set to receive billions of dollars from Mr. Buffett's Berkshire holdings over the coming years, as Mr. Buffett fulfills his giving pledge to donate much of his wealth to charity.
So what does this all mean? Will there be any tension because Microsoft has linked up with Pepsi, even though the Gates foundation will benefit from the heavy amount of Coca Cola shares that Berkshire holds?
Or, at the end of the day, does it not matter at all? Maybe there are no passionate loyalties to consumer brands in the C-suites or billion dollar philanthropic powerhouses?
Just thinking aloud today.
Peace, and think on,
Carla.
Tweet
and allegiances that influence Wall St.
So, Mr. Bill Gates and Mr. Warren Buffett are best friends. Berkshire, Buffett's creation, owns a lot of Coca Cola shares.
In March of this year, Mr. Gates announced that he is withdrawing from the board of both Microsoft and Berkshire. Is it possible that Mr. Gates' withdrawal from these boards will help him not to feel conflicted as he moves ahead with a greater focus on his foundation?
Microsoft, this month of July 2020, announced a 5 year deal with Pepsi co, to have all it's employees use certain Microsoft products and have access to Microsoft teams. ( I'm assuming these are support personnel)
Remember that the Gates Foundation, which is run by Mr. Bill Gates and his wife Mrs. Melinda Gates, is set to receive billions of dollars from Mr. Buffett's Berkshire holdings over the coming years, as Mr. Buffett fulfills his giving pledge to donate much of his wealth to charity.
So what does this all mean? Will there be any tension because Microsoft has linked up with Pepsi, even though the Gates foundation will benefit from the heavy amount of Coca Cola shares that Berkshire holds?
Or, at the end of the day, does it not matter at all? Maybe there are no passionate loyalties to consumer brands in the C-suites or billion dollar philanthropic powerhouses?
Just thinking aloud today.
Peace, and think on,
Carla.
Tweet
It is interesting to note that Berkshire Hathaway does not appear to own any shares of Microsoft, but does own a 5.8% stake in Apple.
ReplyDeletei wonder if this causes any tension...with Mr. Buffett and Mr. Gates being such good friends and Mr. Gates's foundation soon to be entrusted with billions in Berkshire cash.