Body
DISCLAIMER: I am not a financial advisor, and I do not provide financial advice. Many thoughts here are my opinion, and others can be speculative.
Everything I am highlighting here is asking questions about publically available information and not an accusation of any wrongdoing of any parties mentioned.
Also... I'm not financially trained, so feel free to correct me if I miss something or get something wrong!!
NAVIGATION:
BBC Part 1 IS THIS THE FINAL BOSS?
BBC Part 2 The Inner Circle
BBC Part 3 THE BIG BOYS
BBC Part 4 Recess is over... You didn't think BILL GATES was involved did you?
BBC Part 5 The Foundational Strategy
BBC Part 6 SMILE FOR THE CAMERA KENNY...
BBC Part 7 What DAF fuck is this???
BBC Part 8 The chips are stacked against us... ALWAYS HAVE BEEN.
BBC Part 9 Steve Cohen... So HOT right now...
BBC Part 10 All-Inclusive Vacation of a Lifetime... to the CAYMANS! -- PART 1
BBC Part 10.2 Cayman Island Getaway - How to hide money from the FBI + Brazilgate!
BBC Part 11 BILLIONAIRE BANK LOANS - Buy Borrow Die
(THIS IS GME RELATED)
(Shameless PLUG: Follow me on Twitter for more GME fun: https://twitter.com/BadassTrader69 )
------------------------------------------------------------------------------------------------------------------------------------------------
Ok Apes... Last time we spoke, we talked about Charter Schools and questioned the reason why SO MANY Billionaires we're interested in investing in them.
I'll let you make your own interpretations: PART 4
This time... we are going to talk about the OTHER thing that Billionaires all love to pump money into...
FOUNDATIONS
Now... don't get me wrong here. I'm sure there are lots of foundations out there that do a lot of good. This is merely an examination of the FUNCTIONALITY of these foundations and why they potentially get so much attention from the super-rich. Let's start with one we all know... https://preview.redd.it/4gktjg5nvm571.png?width=976&format=png&auto=webp&s=533ec0528af455a3b5eeeeb05a7866d1cf365efeThe Bill and Linda Gates Foundation
Now... maybe you already know this, maybe you don't... but Non-Profit Foundations get significant tax breaks from the government... but they still need to report to the IRS through what's called a FORM 990. So I decided to look at The Bill and Linda Gates Foundations FORM 990. Specifically, their last filled one which was sent in 2020, for year 2019. So let's take a look-see... The Gates Foundation: Received $3.3 BILLION in Contributions (Makes sense so far) Earned $826 million from Dividends and Interest from Securities (Wait WHAT?) The Gates foundation is trading securities? Am I the only person who didn't know this? Gross Sales of all assets of $260 BILLION Net Profit from Sales of Assets of $2 Billion Capital Gains Net Income $6 Billion Net Revenue $6.4 Billion Net Investment Income $7 Billion And then what are their expense? THE BIGGEST ONE... Total contributions paid: $5.8 Billion Meaning... Their NET INCOME was just $320 million But their NET INVESTMENT income is $6.9 BILLION? So they take money in... invest it... pay it back out... but keep the investment profits? + They don't have to pay capital gains tax as it's a charitable foundation. + Total Tax Paid on their investment side was $25.6 Million of $7 Billion in Profits!! + That's a 0.3% tax rate! But this COULD be just speculating on high-level numbers right? NAH... ------------------------------------------------------------------------------------------------------------------ They actually break it down for us...- Investments in Government Obligations: $8.9 BILLION
- Investment in Corporate Stocks: $33.5 BILLION
- Investment "Other" (WTF?): $5.8 Billion
- Mr William H Gates? Management Fees $64 million
- Mr William H Gates? Securities $452 million
- Mr William H Gates? $55 Million
- Mr William H Gates and Melinda French Gates? $10.8 million
- Mr Warren Buffett? $2.7 BILLION
- The Global Good Fund $100 Million
- GreenBriar Equity Fund $6 Million
- GreenBriar Equity Fund? $174 million
- $1.5 Billion in Canadian Natl Railway
- $1.6 Billion in Caterpillar
- $1.3 Billion in Walmart
- $2.2 Billion in Waste Management Inc
INVESTMENTS OTHER
This is an interesting little section in the Form 990. They actually break down their other investments, which if you remember was listed as a total of $5.8 billion. Some wrinkle brains should def go through this, as I have no clue what I am looking at, but here are a few points that stood out to me:- Citadel is listed on there as a Bank Loan, but for only $1.5 million. Breadcrumbs...
- Bridgewater Pure Alpha Lead was given $87 million listed as a partner? Interesting…
- Canada Housing Trust was given $752 million as a Foreign Government Issue
- China Government Bond and Treasuring were given $750 million, listed as Foreign Government Issues
- 100s of Millions went to different pools that I don’t understand
- 700 million went into buying PHYSICAL Gold Bars -- WTF Bill? Lol
- $223 million went to GreenBriar as a partnership? (Remember GreenBriar were the ones that donated $174 million earlier)
- 100 million went to GTI 8 Institutional Investors (Whoever they are)
- $805 Million went to Mexico CETES what ever that is?
- Ok, so first up wtf with this as a title?
- Is this additional revenue that they just don’t have to list at all?
- How it’s required is just listed as purchased or donated
- Date Acquired is just listed as VARIOUS
- Date Sold is just listed as VARIOUS
- $11 Billion in Equities
- $87 Billion in Fixed Income (How is this amount a fixed income)
- $162 Billion in Cash Equivalents
- Donations: $5.7 million
- Dividends and Interest: $34 million (They invest both directly in companies and through Stocks)
- Net Gain from Sale of Assets: $151 million
- Total Revenue $207 million
- Net Investment Income $197 million
- Total Assets: $2.2 BILLION
- Donations: $128 Million
- Dividends $15 million
- Revenue $168 Million
- Investment Income $39 million
- “Other” Investments Balance $617 million
- Total Assets: $685 million
- What are the “Other” investment?
- Elliot International Fund $50 mil
- EFPRP (What ever the fuck this is) $535 million
- BAIH (What ever the fuck this is) $60 million
- George Soros Has the Open Society Foundations
- Charles Feeney has a foundation
- Intels Gordon Moore has a foundation
- The Broad Family has a foundation
- Renaissance Hedge Fund Manager Jim Simons has 1
- Mark Zuckerberg and Priscilla Chan have 1
- Michael & Susan Dell have 1
- Leonard & Ronald Lauder have 1
- Oil and Banking George Kaiser has 1
- Hedgie Julian Robertson (You remember him right?) has 1
- (Yup… I checked, it follows the pattern)
- Ted Turner Founder of CNN has one called the United Nations Foundation - And he’s trading securities through it!
- (The UN can not raise funds itself)