5 Sectors to Invest In to Preserve Your Wealth According to Bill Gates’ Portfolio

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In this article, we will be taking a look at the 5 methods how to preserve your wealth according to Bill Gates’ Portfolio. To delve deeper into these insights, you can directly review How to Preserve Your Wealth According to Bill Gates’ Portfolio.

5. Basic Materials

Sector Weighting in Q2 2023: 2.32%

The basic materials sectors are made up of businesses that discover, develop, and process raw materials. It includes companies engaged in mining and metal refining and those dealing in chemical and forestry products.

The segment has been a buzz of activity following the opening of the global economy after the COVID-19 pandemic. Nevertheless, the industry is cyclical and highly susceptible to economic changes. Whenever economic conditions weaken, demand for basic materials declines, affecting material producers’ profitability.

The Bill and Melinda Foundation holds stakes worth $974.16 million in Ecolab Inc. (NYSE:ECL), which provides water treatment, waste management, pest control, and other products. The hedge fund initially acquired a position in the stock during the third quarter of 2012.

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