In The First Quarter Bill & Melinda Gates Foundation Bought Stocks In A Couple Of Tech Giants That Did Quite Well During The Economic Lockdown
The Bill & Melinda Gates Foundation has committed millions of dollars to research treatments and vaccines for COVID-19 as the pandemic continues to spread across the globe.
Those endeavors are now fueling a lot of conspiracy theories.
Of course even Bill Gates made some strange comments that fueled those conspiracy theories.
Back in March he said, the country needs to go much further with a longer, coordinate shutdown to effectively turn back the spread of the disease.
“We’re entering to a tough period that if we do it right we’ll only have to do it once, for six to 10 weeks. It has to be the whole country,” Gates said. “We have to raise the level of testing and the prioritization of that testing quite dramatically in order to make sure we go through one shut down so that we take the medical problem and really stop it before there’s a large number of deaths.”
And a lot of Americans were not ready then and are not ready now to lose their freedom over Bill Gates’ personal opinion.
And while this Coronavirus hysteria was shacking the world, tech giant stocks were rising.
Things got strange when on Monday news broke that the Bill and Melinda Gates Foundation Trust placed big bets on technology titans in the first quarter, according to a recent Securities and Exchange Commission filing.
Business Insider reported:
The Bill & Melinda Gates Foundation Trust placed big bets on technology titans in the first quarter, according to a recent Securities and Exchange Commission filing.
The trust, which manages the assets of the world’s largest private foundation, revealed new positions in Apple, Amazon, Google-parent Alphabet, Alibaba, and Twitter. Its stakes in the first four were valued between $100 million and $130 million each on March 31, while its Twitter holdings were worth about $7 million.
The trust also revealed a $301 million stake in Schrodinger following the drug-discovery software group’s public debut in February. The only other change to its portfolio was the sale of five million Berkshire Hathaway shares, representing 10% of its stake in Warren Buffett’s conglomerate.
The philanthropist recently said his foundation is giving “total attention” to the pandemic, and expects to spend billions constructing vaccine factories.
Natalie Dagenhardt is an American conservative writer who writes for Right Journalism! Natalie has described herself as a polemicist who likes to “stir up the pot,” and does not “pretend to be impartial or balanced, as broadcasters do,” drawing criticism from the left, and sometimes from the right. As a passionate journalist, she works relentlessly to uncover the corruption happening in Washington. She is a “constitutional conservative”.
