Liberty Posted December 12, 2012 Share Posted December 12, 2012 http://business.financialpost.com/2012/12/12/bill-gates-ups-cn-rail-stake-to-12/ Bill Gates has increased his overall investment in Canadian National Railway Co. to 12% for a combined value of roughly $4.7-billion. Cascade Investment LLC, a Kirkland, Wash., investment company owned and controlled by the billionaire Microsoft founder, said Tuesday it had acquired an additional 13,670 common shares in CN for $1.25-million. The additional shares brings Cascade’s overall stake the country’s largest railway to 10% of its outstanding shares, or roughly 43 million shares. Link to comment Share on other sites More sharing options...
ourkid8 Posted December 12, 2012 Share Posted December 12, 2012 I have 10% of my portfolio in CN Rail and I love the strong conviction Cascade Investment has behind CN Rail! I plan on holding on to this investment for the long term... S Link to comment Share on other sites More sharing options...
jay21 Posted December 12, 2012 Share Posted December 12, 2012 I have 10% of my portfolio in CN Rail and I love the strong conviction Cascade Investment has behind CN Rail! I plan on holding on to this investment for the long term... S Can you make a thread detailing your thesis? Thanks Link to comment Share on other sites More sharing options...
ourkid8 Posted December 13, 2012 Share Posted December 13, 2012 Sure, let me dig up my notes from 09' and I will post my updated thesis. I was lucky to be able to purchase this stock at $42 during the crisis and enjoying the ride. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now