Monday, November 9, 2009

Very Un Buffetly!!


3 reasons - 1. The man who says he hates derivatives, used also derivatives ( selling puts) as a way of investing in the railroad industry, BNSF (BNI). 2. Says in his own words "an all-in wager on the economic future of the United States" 3. The man who never agreed to split the Berkshire share, agree...s to a 50:1 split. Is it really a spit or splintering!!!

When the firm has a huge amount of money to invest, it is difficult to find an industry which can last more than 20 years, especially in present day US.
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Source: online.wsj.com
Berkshire Hathaway agreed to buy the portion of Burlington Northern railroad it doesn't already own for $26 billion in cash and stock. The acquisition would be the largest ever for Warren Buffett's


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