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AndrewBaker
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Buffett buying a railroad is good sense for anyone with a long term investment horizon such as his. Infrastructure is needed even in the deepest recession: roads, railroads, ports and airports, ships, hospitals, schools, bridges and similar constructions must be built and maintained in order for any economy to sustain yet alone thrive. Some of my own investment is in global infrastructure, and what is not dollar denominated has a good chance to add value through the exchange rate.
Nov 04 08:58 am
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All Comments by AndrewBaker »Wall Street Breakfast: Must-Know News [View article]