toobad41

Is Berkshire’s Burlington Move All About Coal?

I agree with most of the comments above. Transportation in the future will rely heavily on the rail system. Not just for coal but for all of industry and commodities in general. I have indicated in other blogs that the sun is setting on the trucking industry and the railroad will be up the slack. In fact, I have seen it in my own community where rail transportation has increased tremendously and the trains move at speeds of 60 mph through town. All of the cars are stacked two high with shipping containers.

Warren Buffett Portfolio: Going Beyond the Folksy Stereotypes to Find All-Star Stocks

Nice article...thanks.

Buffett's Betrayal

I guess Mr. Buffett is no longer your idol. Too bad I think. The difference between you and Mr. Buffett is that he buys into companies (invests) whereas you purchase shares of companies (speculate). When and if you reach a point in your ownership of a company where you can influence what it does by your words and deeds then you can rightfully say you are an investor. Mr. Buffett has a much bigger stake in each of the companies shown in your graph than any one person in the grand scheme of things. So why should he not pony up to where the money is? I think if you were in his shoes you would do the same thing. His move in taking bailout money was the politically correct thing to do. When republicans again control the government and corporate oligarcy is back in vogue Mr. Buffett will again be a capitalist. For the time being he will look like a socialist and go with the flow.