BNSF_Color_Logo Days after Warren Buffett announced his US$26.5 billion buyout of railroad BNSF, he insisted that he’d paid a steep price to own a business that would benefit his company, Berkshire Hathaway Inc., over the next century.

“You don’t get bargains on things like that,” he said in a November 2009 interview with Charlie Rose that aired on PBS. “It’s not cheap.”

Read the complete story at the Financial Post.

Billionaire Warren Buffett, whose Berkshire Hathaway investment fund owns 100 percent of BNSF, recently appeared on television in China, singing “I’ve Been Working on the Railroad” while strumming a ukulele.

To view the performance, click on the following YouTube link:

http://www.youtube.com/watch?v=QBKwTSBBn7U