Speaking of Railroads

rich richard.romeo at gmail.com
Tue Nov 3 16:12:24 CST 2009


guess my point was the consolidation of power issue. so yeah, I don't
trust him either

I'm not ready to give Obama any medals, either

On 11/3/09, David Morris <fqmorris at gmail.com> wrote:
> 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
>>
>



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