Burlington Northern Santa Fe: What's Buffett's Strategy? [View article]
It is not hard to figure out why Buffet is buying up BNI or any rail road for that matter. What is the cheapest way to move goods long distance...rail. We have already seen how the rail business picked up during the last jump in fuel prices. Well, in the future that will be the norm. In the future, in order to save energy we will be using more and more rail. Buffet will never see the day when rail makes a gigantic comeback but our kids, kids will. In the future rail will make a comeback to every small town, just as it once was. Heck, every Wal Mart will have rail right up to the back door. Warren's heirs will be saying, damn, he really was ahead of his time.
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It is not hard to figure out why Buffet is buying up BNI or any rail road for that matter. What is the cheapest way to move goods long distance...rail. We have already seen how the rail business picked up during the last jump in fuel prices. Well, in the future that will be the norm.
Jan 11 08:34 am
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All Comments by long_on_oil »Burlington Northern Santa Fe: What's Buffett's Strategy? [View article]
In the future, in order to save energy we will be using more and more rail. Buffet will never see the day when rail makes a gigantic comeback but our kids, kids will.
In the future rail will make a comeback to every small town, just as it once was.
Heck, every Wal Mart will have rail right up to the back door.
Warren's heirs will be saying, damn, he really was ahead of his time.