Billionaire Investment Advice
You can glean some valuable investment advice from watching what billionaires like Warren Buffet are doing with their money. Buffet's acquisition of Lubrizol, which manufactures lubricants for engines in large transport equipment and other industries is a clue-in that he is betting on a recovery in global trade.
If he is right, then more ships, trucks and trains will be needed to move goods and people around, and Burlington National and Lubrizol will benefit. Carlos slim has become the richest man in the world with his investment acumen. He has made his investment strategy very clear by announcing plans to invest billions into Latin America this year. He will pump 40% of the money into telecoms and broadband, while the rest will be divided between roads, mines, water treatment and a "digital university."