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I've known for a while that Bill Gates makes his personal investments through Cascade Investments LLC., but his trading activities still remained elusive. No, you're not reading the writings of a stalker. I'm just nursing a healthy voyeuristic interest in how the extremely affluent will invest their assets. And they simply don't come along with more wealth than the Microsoft founder.

It's very true that you will become like the people you choose to surround yourself with. Having Warren Buffett as a friend must have influenced Bill's latest investment direction. Buffett has been investing in utilities for the past 5 years. The Washington Post reports that Cascade Investments LLC., Gate's personal investment vehicle, has been steadily buying up shares of PNM resources - a New Mexico utility company. They've formed a joint venture with hopes to accelerate the growth of operations while taking advantage of the deregulation of the utility industry.

Another Bill Gates investment also mentioned in the article has also seen some recent spotlight, Bill Gates is part of an ownership group that's looking to privatize the Four Seasons Hotel Inc. Bill Gates owns a substantial portion and the bidding party boasts notable partners such as Prince Alwaleed bin Talal.

Take a look at some of these names involved with Bill Gates: PNM Resources (NYSE:PNM), Pacific Ethanol (NASDAQ:PEIX), Canadian National Railway Co., Republic Services Inc. (NYSE:RSG), Grupo Televisa SA, Fisher Communications, Four Seasons Hotel Inc. (NYSE:FS), Otter Tail Corp.(NASDAQ:OTTR), Six Flags Inc. (NYSE:SIX). These are names that you simply don't hear on the lips of ordinary investors.

Besides, I'm sick of listening to news about XM Satellite (NASDAQ:XMSR) and Sirius (NASDAQ:SIRI) or Jim Cramer's lightning round picks. I'd rather stay away from those so called "hot" stocks and take a closer look at Bill's holdings. What's most interesting is his willingness to take a long-term stance with his ventures. It's making more and more sense why Buffett chose to give Bill his money.

Bill Gates invests in boring stocks! Utilities and hotels? originally appeared on BloggingStocks on Tue, 07 Nov 2006 12:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Bill GatesBillGatesFour SeasonsFourSeasonsPNM ResourcesPnmResourcesutilitiesWarren BuffettWarrenBuffettTue, 07 Nov 2006 12:00:00 EST