Nov 4th, 2009 - New York Times
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. Buffett on Tuesday agreed to buy the 131-year-old Burlington Northern Santa Fe Corporation, Michael J. de la Merced and Andrew Ross Sorkin write in The New York Times.
Related stories:
Buffett's Buy Includes CEO Who Engineered Top US Railroad
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- Warren Buffett didn’t just buy arailroad when he announced his purchase of Burlington NorthernSanta Fe Corp. He hired the engineer, too.
“It’s a bet not only on the company but on talent,” saidGary Bradshaw...Mixed Finish After Buffett's Big Bet
Nov 4th, 2009 - Forbes
Stocks wobbled around negative territory for much of Tuesday but managed to pull out a late win in two of three major indexes as mixed earnings reports competed for attention with Warren Buffett'sbet on America.
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...
CORRECT: Buffett's Burlington Bid A Bet On Coal's Continued Role
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.
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...
Related videos from YouTube:
5:23Buffett on His Railroad Bet
Berkshire Hathaway Chairman Warren Buffett on buying Burlington Northern Santa Fe railroad.
1:07Buffett's Berkshire Buying BNSF Railroad
Making a $34 billion bet on the future of the US economy, Warren Buffett's Berkshire Hathaway on Tuesday agreed to buy the Burlington Northern Santa Fe railroad. (Nov. 3)
4:06Schroeder Calls Buffett Bet on Burlington `Conservative': Video
Nov. 16 (Bloomberg) -- Bloomberg columnist Alice Schroeder talks with Bloomberg's Pimm Fox about Berkshire Hathaway Inc.'s purchase of Burlington Northern Santa Fe Corp. (This report is an excerpt. Source: Bloomberg)
4:19Buffett Benefiting from Burlington Northern
Morgan Keegan's Arthur Hatfield on why Buffett is making a good bet buying the railroad company.
