Nov 3rd, 2009 - Wall Street Journal
("Buffett's Burlington Bid a Bet on Coal's Continued Role, published at 4:58 p.m. EST, misstated the recipients of a note from Clean Air Watch. A corrected version follows.)
WASHINGTON (Dow Jones)--The Oracle of Omaha sees a future in coal--especially from the Western U.S.--despite the political forces opposing the fuel.
Billionaire investor Warren Buffett on Tuesday billed his plans to buy the 77% of railroad operator Burlington Northern Santa Fe Corp. (BNI) he doesn't already own as an "all-in wager on the future of the United States." But as much as anything, the offer amounts to a bet on the near-term ...
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(Updates with details on Buffett's past investments, analyst comments.) Of DOW JONES NEWSWIRES Berkshire Hathaway Inc.'s (BRK.A, BRK.B) acquisition of Burlington NorthernSanta Fe Corp...
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Buffett Bets Big on Railroads' Future
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America’s best-known investor, Warren E. Buffett, is making his biggest bet yet on the nation’s economic future by buying, of all things, a railroad.
After deftly capitalizing on the financial crisis with a series of bold deals, Mr...Freight expectations: Warren Buffett goes 'all-in' with $34B bet on railroads and the economy
Nov 3rd, 2009 - Newser
The biggest name in investing is making what he calls an "all-in wager" on the U.S. economy _ $34 billion to own a railroad that hauls everything from corn to cars across the country. The acquisition of Burlington Northern Santa Fe...
Buffett's Burlington Bid A Bet On Coal's Continued Role
Nov 3rd, 2009 - Wall Street Journal
WASHINGTON (Dow Jones)--The Oracle of Omaha sees a future in coal--especially from the Western U.S.--despite the political forces opposing the fuel. Billionaire investor...
