Bill Gates Just Bought $571 Million of This Stock

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Here at StreetAuthority.com, we like to keep tabs on where the richest people in the world are putting their money.

After all, billionaires like Warren Buffett and Bill Gates are some of the smartest investors on the planet. And they have advantages the rest of us don't: entire staffs of MBAs working for them... Wall Street CEOs who give them sweetheart deals in order to get their business... and friends at the highest levels of government and society who can steer them toward the next big thing.

These advantages have helped corporate titans like Buffett and Gates deliver some of the biggest gains in stock market history.

 

For example, anyone with the good judgment to invest $10,000 in Buffett's partnership at its inception in 1956 (and to transfer into Buffett's Berkshire Hathaway (NYSE: BRK-B) at the partnership's termination) would today be sitting on an astonishing $432 million -- after all fees and expenses.