THE Warren Buffett Thread (merged)

centralstump · **Joined:** Thu Sep 27, 2007 12:00 am **Posts:** 96

Seriously? Warren Buffett is the bad guy here?

This guy has been railing against derivatives and over-leveraging for years. He is a buy and hold investor. He is nothing like those quarterly bonused jackasses who caused this mess. An economy where people followed his lead would never ever need a bailout.

Furthermore, he talks incessantly about how the rich get a free pass on taxes.

Do some research.

frankthetank · **Posted:** Tue Nov 03, 2009 7:29 am

Looks like a big deal:

Quote:

NEW YORK (MarketWatch) -- Warren Buffet's Berkshire Hathaway on Tuesday said it is spending $44 billion to buy out railroad operator Burlington Northern Santa Fe, sealing the biggest acquisition in the company's history in what the famed investor called "an all-in wager on the economic future of the United States."

"Our country's future prosperity depends on its having an efficient and well-maintained rail system," Buffett said in a press release. "Conversely, America must grow and prosper for railroads to do well."

I think he is well aware of the energy situation and knows how important (efficient) rail is vs trucking... I guess if your looking towards the future, there ain't much else to spend your money on!

http://www.marketwatch.com/story/berksh ... 2009-11-03

dinopello · **Posted:** Tue Nov 03, 2009 8:11 am

Woo hoo, I own BNI (the ticker symbol) as well as NSC. Looks like I can take either $100/share or equivalent shares in Berkshire Hathaway - any thoughts on which I should do ? Berkshire Hathaway A shares are currently trading at about $100,000 per share. I don't even know how fractional shares work - since I don't have $100,000 worth of BNI.

THE Warren Buffett Thread (merged)

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