Billionaire Philanthropist Predicts Huge Investing Opportunity
Bill Gates stunned a group of viewers at a virtual summit recently with his insane prediction.
"There will be eight Teslas, ten Teslas. And only one of them is well known today."
He was talking about an industry that is "like the early days of software and computing."
But you'll probably be surprised at the industry he was referring to — it's not cars or robotics or medicine.
Gates was talking about green energy.
It's an industry that has our team of analysts incredibly excited. And they have three companies they're eyeing now… but more on that in a bit.
Tesla has made Elon Musk the world's richest man, three times richer than legendary investor Warren Buffett. And even Buffett is on board with this new wave of green energy, having invested in solar farms.
But for the world's richest men, this may not be about doing good at all. While 4 in 5 of Australians now feel environmental issues are important regarding the investment of their money, we believe the real motive behind the green energy play is money — a lot of it.
Countries and trading blocks around the world, such as China, India, the U.S., the E.U., and more, pledge hundreds of billions toward clean energy each year. In November, an international coalition of more than 450 private financial institutions pledged $130 trillion to convert the global economy to clean energy.
The more interesting part for investors?
That growth is only expected to speed up. There is a unified global push toward a massive new industry, and we expect many investors to benefit from these forward-thinking investments.
But like the early days of software and computing, for every winner there will be many busts. Gates himself has warned, "We will have a high failure rate." This makes it even more important to vet companies and know where to look.
That's why our team of analysts at Motley Fool's Extreme Opportunities have combed through and identified three companies that we believe could be set to "cash in" on the coming "Green Energy Revolution".
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