Speaking of Railroads

[David Morris]

Is your "he's a nice guy from Nebraska but what does his company do
really? he buys other companies"  supposed to sound ominous (as the
next line implies)?

http://en.wikipedia.org/wiki/Warren_Buffett

"Buffett is often called the "Oracle of Omaha"[8] or the "Sage of
Omaha"[9] and is noted for his adherence to the value investing
philosophy and for his personal frugality despite his immense
wealth.[10]

Buffett is also a notable philanthropist, having pledged to give away
85 percent of his fortune to the Gates Foundation. "

He doesn't sound frightening to me.  He sounds like a caring, successful man.


On Tue, Nov 3, 2009 at 3:38 PM, rich <richard.romeo at gmail.com> wrote:
> 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
>