Bill Gates: 3 Ways To Invest Like The Genius Billionaire
Bill Gates is a legendary businessman and entrepreneur, besides being one of the richest people in the world. And while the majority of his fortune comes from his success in building Microsoft, Gates is a brilliant individual.
Many have touted Gates’ incredible ability to retain their knowledge. That’s what makes him so smart. And with all the free time and money he has, he has the ability to find and research breakthrough investments for the future.
Gates’ intelligence has been proven time and time again. He warned of the potential for a global pandemic for years before it actually happened. Additionally, he has been a major proponent of cleaner energy and warned of the dire effects of climate change.
Much of what Bill Gates has done in his spare time over the past few years has stems from his founding and helping to solve some of the world’s major problems.
And while he doesn’t necessarily do this work purely for profit, tracking where revolutionary thinkers like Bill Gates spend their time and money can lead to some great investment ideas.
So here are three ways to invest today.
As I mentioned, Bill Gates has been one of the biggest proponents of adapting cleaner energy. The world is getting out of hand when it comes to climate change, so investing in climate change solutions is crucial. clean energy infrastructure projects.
This creates a ton of growth potential in the industry. Investors can take advantage and buy high quality green energy growth stock like Northland Power for the long term.
However, if you want to invest even more like Bill Gates, you might want to consider investing in Uranium. One of the largest uranium companies in the world is a Canadian stock, Cameco Corp (TSX: CCO) (NYSE: CCJ).
Renewable energy is important and will be crucial in the short term. Bill Gates’ solution is nuclear power, and in 2006 he founded TerraPower, a private company developing a new type of nuclear reactor.
In the past, nuclear power has had a bad reputation. But most major nuclear-related disasters are due to technology devised in the mid-1900s. Today’s technology is much better, giving nuclear power the potential to be a game-changer.
As this technology gains popularity, demand for uranium will also increase, which is why producers like Cameco could be a great long-term investment.
Cameco produces and refines uranium. The company has impressive, well-integrated operations, which positions it to take advantage of the growing nuclear industry.
Currently, more than 50 nuclear reactors are under construction around the world. And with Bill Gates’ company, as well as several others contributing to innovation in nuclear technology, uranium stocks like Cameco could be worth an investment today.
Bill Gates is one of the largest private landowners of farmland in the United States
It is a well known fact that Bill Gates is one of the largest private landowners of farmland in the United States. In fact, many of the richest people in the world own a significant portion of farmland as an investment.
The farmland and agriculture industry is an amazing industry for long term investment as it will continue to grow for years to come.
Farmland is a way forward. However, a much better investment for the average Canadian would be in a stock like Nutrien Ltd (TSX: NTR) (NYSE: NTR).
Nutrien is best known as a massive fertilizer company. the dividend shares is the largest producer of potash and the third largest producer of nitrogen fertilizer in the world. However, the stock also has a massive retail segment, giving it impressive vertical integration.
Although the company does not own any farmland per se, it is linked to the agricultural industry. And given that it’s one of the most dominant companies in the industry, you can expect Nutrien to grow alongside the increased demand for agriculture.
In addition, it pays an attractive dividend and is very liquid, offering major advantages to the purchase of real farmland.
Finally, another key industry is waste management and sanitation. Not only does Bill Gates own Waste Management (TSX: WCN) (NYSE: WCN), a massive American company as one of its biggest titles, one of the main issues its foundation focuses on around the world is waste management and remediation, because waste management is also crucial for health communities and the environment.
Waste Management is a leading Canadian title providing exposure to waste management that you may want to consider today. The company operates across Canada and the United States. The company collects and disposes of waste from residential and industrial customers. It also offers recycling and landfill services.
This is a vital industry that will only continue to grow as the population increases. In addition, properly managing waste is essential to preserve the planet for future generations.
The stock has performed impressively over the past two years and has the potential to continue to grow at a rapid rate into the future.
So if you want to invest like one of the richest people in the world, these are the three sectors to consider.
However, one area in which Gates does not invest, could offer the greatest growth potential of all, is space!
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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a premium Motley Fool service or advisor. We are Motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer, so we’re posting sometimes articles that may not conform to recommendations, rankings or other content. .
Teresa Kersten, an employee of LinkedIn, a subsidiary of Microsoft, is a member of the board of directors of The Motley Fool. Fool contributor Daniel Da Costa owns shares of NORTHLAND POWER INC. And Nutrien Ltd. The Motley Fool owns stock in and recommends Microsoft. The Motley Fool recommends Nutrien Ltd and Waste Management.