Jose
2011-02-12 13:41:25 UTC
Wealth Daily - 08/02/2011
Precious Metals Help World's Richest Man Retain Title
By Luke Burgess
Tuesday, February 8th, 2011
Carlos Slim beat both Warren Buffett and Bill Gates in stock market
performance last year.
The reason: a hell-bent plan to start a brand-new gold and silver
mining company in Mexico.
Slim’s publicly disclosed holdings jumped 37% to $70 billion in 2010,
according to data compiled by Bloomberg. Meanwhile, Buffett helped
return a 22% gain for Berkshire Hathaway last year, and Gates'
Microsoft fell, hurting his overall annual returns even as he spread
his investments into other sectors...
The World's Richest Man catches gold fever
Slim — who made his fortune by building one of the world's biggest
telecommunication empires — has recently been making significant
investments in gold and silver, particularly with a focus on precious
metal mining in Mexico.
http://www.wealthdaily.com/articles/carlos-slim-gets-gold-fever/2961
Precious Metals Help World's Richest Man Retain Title
By Luke Burgess
Tuesday, February 8th, 2011
Carlos Slim beat both Warren Buffett and Bill Gates in stock market
performance last year.
The reason: a hell-bent plan to start a brand-new gold and silver
mining company in Mexico.
Slim’s publicly disclosed holdings jumped 37% to $70 billion in 2010,
according to data compiled by Bloomberg. Meanwhile, Buffett helped
return a 22% gain for Berkshire Hathaway last year, and Gates'
Microsoft fell, hurting his overall annual returns even as he spread
his investments into other sectors...
The World's Richest Man catches gold fever
Slim — who made his fortune by building one of the world's biggest
telecommunication empires — has recently been making significant
investments in gold and silver, particularly with a focus on precious
metal mining in Mexico.
http://www.wealthdaily.com/articles/carlos-slim-gets-gold-fever/2961