How to Invest Like the World's Richest Man

[Jose]

By Robert Frank

So how did Slim do it?

Mainly by keeping his money at home in Mexico and selling into the
gold rush.

Telefonos de Mexico, the state-owned monopoly he acquired, was a dud
last year, but his stake in American Movil soared 15%. Shares of his
holding company, Grupo Carso, doubled with a mining spinoff, Bloomberg
says. Shares in the spinoff have jumped 80% since the debut last
month.

His biggest loser was his stake in the New York Times, down 21%. His
best-performing foreign holding was department-store chain Saks, up
64%, according to Bloomberg.

Of course, it helps to have Slim’s overwhelming power and market share
in Mexico, which is hard to replicate in many other countries.

Yet his investing gains in 2010 may hold a lesson for the U.S. rich:
that they really need to increase their investment exposure to markets
abroad.



http://blogs.wsj.com/wealth/2011/02/02/how-to-invest-like-the-worlds-richest-man/

[charles q]

Post by Jose
By Robert Frank
So how did Slim do it?
Mainly by keeping his money at home in Mexico and selling into the
gold rush.
Telefonos de Mexico, the state-owned monopoly he acquired, was a dud
last year, but his stake in American Movil soared 15%. Shares of his
holding company, Grupo Carso, doubled with a mining spinoff, Bloomberg
says. Shares in the spinoff have jumped 80% since the debut last
month.
His biggest loser was his stake in the New York Times, down 21%. His
best-performing foreign holding was department-store chain Saks, up
64%, according to Bloomberg.
Of course, it helps to have Slim’s overwhelming power and market share
in Mexico, which is hard to replicate in many other countries.
that they really need to increase their investment exposure to markets
abroad.
http://blogs.wsj.com/wealth/2011/02/02/how-to-invest-like-the-worlds-...

And don't for even 1 second not believe that this guy i not benefiting
from all of the cartels cause common sense tells you that he has to be