Berkshire Hathaway: BNSF Keeps Generating Billions In Free Cash Flow
Summary
- Berkshire Hathaway's investment in BNSF is a very good case study for investments in capital-intensive businesses.
- In Berkshire's Q3 report, we also learn how BNSF performed in the quarter and in the first nine months of the year.
- The operating performance, coupled with a solid financial position, suggests BNSF will return this year too several billions in FCF to Berkshire, with a yield around 15%.
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