Value Added: The Empire Builder
NewAmericanCont... - November 4, 2009 - 3:50pm
A lot of people who normally don't take much notice of railroads were startled over the weekend when Warren Buffett, "the sage of Omaha," announced that he spending $26 billion to buy that last 77 percent of Burlington Northern Santa Fe shares he doesn't already own. Buffett described his investment as a big bet on the U.S. economy generally, and on BNSF, the nation's second largest railroad, in particular...
