Bill and Melinda Gates Foundation sells off most of their Pharmaceutical Holdings Close to 35 million dollars worth of holdings including J&J, Wyeth, Eli Lilly, Merck. As well some biothech holdings have been sold off.
Notably, the foundation has held onto 3 million-share stake in Seattle Genetics Inc.
The foundation did not answer calls in an effort to determine the story behind the story.
The Bill and Melinda Gates foundation is the world's largest private philanthropy fund, and is dedicated to finding cures for AIDS and vaccinations....
However, news report this morning say, Buffet just bought them. Sell high - buy low?
Me thinks this is a statement, anyone care to guess?