
Hooks up with Warren to provide advice on investing...
By Ina Fried
Published: 15 December 2004 09:25 GMT
Microsoft chairman Bill Gates was elected on Tuesday to serve on the board of directors of prominent investment company Berkshire Hathaway.
In doing so, Gates will serve as an advisor to longtime friend and Berkshire Hathaway chief executive Warren Buffett.
In a statement, Gates said he hoped his years of experience at Microsoft would prove to be of value to Berkshire's shareholders.
"I am delighted and honoured to have been asked to serve on the board of this very successful company," Gates said. Gates also serves on the board of Washington-based biotech company Icos.
Despite being close to Gates, Buffett has long eschewed investing in technology companies, concentrating much of his investment in the insurance business.
In 1997, top Microsoft Office executive Jeff Raikes sent Buffett an email urging the billionaire to consider investing in Microsoft, noting the economic "moat" between Microsoft and its competitors was stronger than other Hathaway investments, such as Coca-Cola.
The email came to light during a consumer class-action trial in Minnesota.
Ina Fried writes for CNET News.com.
Global CRO requires Business Development Executive The company is dedicated to being a leading, solutions-driven CRO leveraging our commitment to ...
In broad terms the Senior Sales Executive/Account Director should have: - Sound commercial awareness in IT sector, and some technical knowledge - ...
Responsibilities include: Accelerate the delivery of Interim and Preliminary financial results including the day to day management of Audit ...
CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.
July 10th: Just MASH Marketing: The Customer Reference Mashup
TechNet Webcast: How Microsoft Does IT: Management and Operations in Windows Server...
Mashing it up with Support: Automate, Coordinate and Collaborate with the Incident...
Ensure Virtualization is Meeting Your Needs--Read this New White Paper
Stories from the web...
Copyright ©1995-2008 CNET Networks, Inc. All rights reserved. Top of page
Peter Cochrane Peter Cochrane's Blog: Quality by design Why do picky people settle for poor design at work?
Naked CIO The Naked CIO: Service level disagreements SLAs - not worth the paper they're written on?