WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Enter your email address:

Wednesday, November 11, 2009

Buffett railroad investment shows long-term vision

Berkshire Hathaway's Warren Buffett, the fabled investor, has announced the biggest deal of his life: He will acquire the stake he doesn't already own in Burlington Northern Santa Fe, the railroad operator, for $26.6 billion and assume the company's $10 billion debt. At $100 per share, he will pay a 30 percent premium on BNSF's market value — in his words, "an all-in wager on the economic future of the United States."
Read Article>>>>>

Tags : Hyperinflation Bailout Rescue Dollar Euro Depression Martin Hennecke Jim Willie Gold China Treasuries Energy Economy Karl Denninger Dave Skarica Stocks Commodities Currencies ron paul economics financial politics crisis 2008 abs aig bank biden bill Campaign congress democrats election for great jp Liberty mccain mccain/palin morgan obama obama/biden of protest republicans rockerfeller rothschild steel street wall wamu american armageddon CFR cnn nwo peter rogers schiff silver wallstreet 1929 bernanke brown bush cheney fdr interest m3 money neil paulson pereno rates yen Inflation, Dollar, Federal Reserve, Paper Money, Banking System, Monetary marc faber david tice lateline australia collapse War jones Keiser fiat amero new currency standard bretton woods zeitgeist addendum market crash Deflation, Hyperinflation, Recession, Newsroom Precious Metals GATA Murphy Todd Harrison Minyanville.com Adrian Douglas Oil Hank truth Currencies, Euro, Yen, Asia Banks Markets alan alex ben bob bullion chapman coin comex credit goldman greenspan herbert IMF larouche lindsey LTCM maloney manipulation max michael Moriarty rockefeller sachs stacy wearechange weimar williams gerald celente argentina corporations corruption government neo-liberal policies swindle theft World depletion devaluation false fema flag gas military north opec order union economist estate housing meltdown mortgage real subprime Bartiromo Business CNBC Maria builders home Investing Soros yuan Bills Bonds Notes Europe Globalisation