Warren Buffet buys railroad

By
Paul Kuehnel
 on November 3, 2009 10:41 PM | | Comments (0)

Warren Buffet stretched his resources today and bought the 131-year-old Burlington Northern Santa Fe Corporation for $26 billion. nyt.com

Reason:


  • As the economy revives transportation increases.

  • Trains are more efficient than trucks and that efficiency climbs as fuel price climbs

It's 19th century green.

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This page contains a single entry by Paul Kuehnel published on November 3, 2009 10:41 PM.

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