Bill Gates and Warren Buffett praise uranium

- May 6th, 2011

G&M reports on the praise of uranium by Bill Gates and Warren Buffett.

G&M reports on the praise of uranium by Bill Gates and Warren Buffett.

The market news is quoted as saying:

But the two big wigs think the fundamentals are too strong for such a big plummet. Mr. Gates was the latest to speak out in praise of uranium at Wired Magazine’s ‘Disruptive by Design’ conference.

Mr. Gates gave nuclear energy company TerraPower a lot of praise, which makes sense considering that he has invested what Wired described as “undisclosed millions” in the company. TerraPower uses less-toxic uranium as its fuel, so the reactor produce as little as one-one-thousandth of the typical amount of radioactive wastes.

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