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I'll explain, since everyone on this board is completely clueless.
Buffett is buying the railroad a tangible asset to escape the imminent US Dollar collapse. Buffett obviously knows that something is about to happen in the Middle East, which will drive oil prices sky high and end the dollar. Buffet had no choice, but to unload dollars as fast as possible and what else was worth sinking $34 billion into. All types of goods and commodities will be moved by rail while oil is hitting all time highs. BNI could become a $200 stock very quickly, so Warren actually bought for a 50% discount. Here is more information on the state of the US Dollar. Read this or perish --> http://www.bearmarketinvestments.com/gol... Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Why Buffet Bought BNI.
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doc366 |
 
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3-Nov-09 04:23 pm | ||
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Hat tip!
Perfect analogy.
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hitbyascud | Rate it | 3-Nov-09 04:28 pm | ||
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You need to watch all the action going on and put ...
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no_no_we_ca... | Rate it | 3-Nov-09 04:37 pm | ||
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yeah I saw that right away he is looking for hard ...
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mrbond007st... | Rate it | 3-Nov-09 04:37 pm | ||
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Why should Buffett buy a railroad with all the pro...
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nickjay3 | Rate it | 3-Nov-09 04:41 pm | ||
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When oil goes spikes up to $300 a barrel comp...
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fxtrader00 | (1 Rating) | 3-Nov-09 04:55 pm | ||
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I do believe trains would be more effici...
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gr00vy_ken
Online Now
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Rate it | 3-Nov-09 06:03 pm | ||
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sure, trains are more efficient then oth...
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norris_3845 | Rate it | 5-Nov-09 12:06 pm | ||
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Yep, dollar is falling like a sack of cement....
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cnbc_bobble... | Rate it | 5-Nov-09 12:21 am | ||
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Your comparison of the USD to Weimar Republic...
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ronskwirut | Rate it | 5-Nov-09 11:04 am | ||
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More railroad stock will be bought out soon. Watch...
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goldmetalbu... | Rate it | 3-Nov-09 04:57 pm | ||
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Maybe the dimentia is setting in and he just likes...
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h3orbust |
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3-Nov-09 05:40 pm | ||
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He is using only 8 billion of Berkshire cash, borr...
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this_dog_is... | Rate it | 4-Nov-09 08:08 am | ||
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As Philip Anshutz did with the SPRR, Buffett ...
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nickjay3 | Rate it | 5-Nov-09 11:31 am | ||
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You are so correct.
In addition, as added bene...
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lakesideinv... | Rate it | 4-Nov-09 08:45 am | ||
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That's not what his statement said: "It's a bet o...
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opossum345 | (1 Rating) | 4-Nov-09 09:02 am | ||
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Great analysis but if your right in your analogy
...
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whatsinascr... | Rate it | 5-Nov-09 12:25 pm | ||
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If something happens in the Middle East and drive ...
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hawaiianlog... | Rate it | 5-Nov-09 01:20 pm |
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