{"id":37154,"date":"2014-05-05T12:14:18","date_gmt":"2014-05-05T16:14:18","guid":{"rendered":"http:\/\/smart-union.dev\/news\/berkshires-34b-bnsf-investment-nearly-doubles\/"},"modified":"2014-05-05T12:14:18","modified_gmt":"2014-05-05T16:14:18","slug":"berkshires-34b-bnsf-investment-nearly-doubles","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/berkshires-34b-bnsf-investment-nearly-doubles\/","title":{"rendered":"Berkshire\u2019s $34B BNSF investment nearly doubles","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
If you think the man has lost his touch, think again.<\/p>\n
Warren Buffett\u2019s \u2018elephant-gun\u2019 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.<\/p>\n
However, just four years later, this investment is worth at least $65 billion, according to analysts.<\/p>\n