Speaking of Railroads
rich
richard.romeo at gmail.com
Tue Nov 3 15:38:38 CST 2009
Buffett's Berkshire buying Burlington Northern RR
Legendary investor Warren Buffett is making what he calls an "all-in
wager" on the U.S. economy -- $34 billion to buy a major railroad that
hauls everything from corn to cars across the country.
he's a nice guy from Nebraska but what does his company do really? he
buys other companies.
The return of consolidated wealth and power is not only here it's
getting mighty frightening
rich
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