Article

2009-11-04 -Short Attention Span Theater-

Buffett's firm to buy Burlington Northern

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Posted by gorb 2009-11-04 04:42|| || Front Page|| [3 views ] Top

#1 This is interesting contrast to the article yesterday about Soros touting China as the new leader. This is a big bet on the US. Only one of these men can be right. Buffett was the only one with the balls to put his money in and not just his mouth.

Buffett has bet against the dollar (like Soros) and lost in the past, but when he's taking advantage of weakness while betting on American economic recovery, there's almost nobody better.

Ima take Buffett to win and I'll give 6 points to Soros.

Posted by Mike N. 2009-11-04 08:49|| 2009-11-04 08:49|| Front Page Top

#2 Actually this sounds like Buffet doing a bit of vertical integration coverage. BNSF hauls almost exclusively coal for its cargo, combined with his current energy holdings plus his stance on cap and trade basically seems to cover what hes planning. If it adds a side benefit of making electricity cheaper while making him money I say go for it.

Posted by Valentine 2009-11-04 19:08|| 2009-11-04 19:08|| Front Page Top

#3 Actually, BNSF is also a major corn and grain hauler.

Posted by Pappy 2009-11-04 19:57|| 2009-11-04 19:57|| Front Page Top

#4 And this brings about OWG-NWO [George] JETSONIAN AIR, SPACE RAIL BULK TRANSPORT - HOW, again???

But I digress ....

Posted by JosephMendiola">JosephMendiola 2009-11-04 20:09|| na]">[na] 2009-11-04 20:09|| Front Page Top

#5 Hard to knock, if you take a long enough time frame. Railroads are a very limited commodity, and it is virtually impossible to add new ones. They are the most energy-efficient method of moving bulk cargo across the country. BNSF is one of the very best positioned railroads. If you assume energy costs will continue to rise (safe bet, long term) then railroads will be a good investment. If they don't go bankrupt first. And if the government doesn't nationalize them or otherwise block your investment return.

Posted by Glenmore 2009-11-04 22:09|| 2009-11-04 22:09|| Front Page Top

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