Thread: Buffett buying Burlington Northern railroad

While the Nile, Congo and Amazon Rivers are longer, from a commercial point of view all three together are minor river compared to the lower Mississippi (i.e St. Louis to New Orleans). The Interstate Highway System is Minor compared to the Lower Mississippi. The Upper Mississippi, the Missouri and Ohio River system (Along with other navigable rivers that flows into all three rivers) make up the single biggest water transportation system in...

There are lots of variations of the game MONOPOLY . . . I think we need a new board game called: DEFEATING MONOPOLY or, as I suggested before, perhaps "Anti-Monopoly" . . .

is now going to be 50 shares.

Edited on Wed Nov-04-09 12:21 AM by Brickbat

an anti-monopoly game. It was suppose to show the evils of a monopoly with one winner and everyone else a loser.

Buffett can see the writing on the wall. A train can be powered by anything - diesel, wood, coal, electricity, mules, etc. It's the one mode of transportation / distribution that can meld to whatever energy source is cheapest and most plentiful. If I dabbled in stocks, I would have purchased rail stock years ago.

Source: MSNBC NEW YORK - Warren Buffett has made bets on railroads before, but now he's all in. The billionaire investor's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy. Burlington Northern, the nation's second-largest railroad, is the biggest hauler of food products like corn, and coal for electricity, making it an indicator of...