If you think the man has lost his touch, think again.
Warren Buffett’s ‘elephant-gun’ purchase of the Burlington Northern Santa Fe, LLC, railroad for $34 billion in 2010 was impeccably timed (coming as it did a year off the 2008-2009 financial crisis) and a huge bet on the revival of the US economy.
However, just four years later, this investment is worth at least $65 billion, according to analysts.
Read the complete story at Value Walk.
Related News
- Countdown To Election Day 2024!
- Protected: Election 2024 talking points
- Election 2024: The union difference
- Four new appointees named to SMART GEC
- SMART Convention delegates vote to endorse Vice President Harris for president
- 2024 Top 31 PAL local unions
- RME members: Make your voices heard ahead of national negotiations!
- Tom Wiant moves from International rep. to assistant to the general president
- SMART TD, TTD Set For Victory Over Carriers On Train Length Data Collection
- SMART-TD, RME members secure paid sick leave for rail workers at Union Pacific