greenwave Posted July 11, 2009 Share Posted July 11, 2009 From my re-reading of web's requirements for the gates foundation, it seems that we will likely have downward pressure on brk stock for some time to come . As i understand the requirements , gates foundation must donate at least (approximately)$1.5 billion + 5 % during the 12 months following july 1 ,2009. My assumption is that the ~ $1.5billion + annual gift requirement means that the gates foundation would have to create the liquidity from it's "overall stock portfolio" *(not just by selling brkb shares only ). Any clarification of this subject by more knowledgeable board members would be very much apprecaited. Thank You, --Greenwave 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