] HipMojo.com » Advice to Carlos Slim’s Money Manager

Advice to Carlos Slim’s Money Manager

It’s an end of an era, not sure for how long though.  Thirteen years after Microsoft co-founder Bill Gates replaced Warren Buffett as the world’s richest man, America Movil’s Carlos Slim played the same trick on the former Harvard dropout.

Thanks to a 27% stock surge, Slim weights in at a mind-numbing $67.8B, with Gates “only” at $59.2B.

This begs two questions:

1 - Is Slim’s wealth sustainable? 

2 - If I’m Slim’s money man, I might want to sell some shares in Slim and scoop up shares in Microsoft, no?

Read more.

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Posted By: Ashkan Karbasfrooshan | Jul 3rd

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