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To: FromLori

Buffet is not the benign Uncle Warren. He takes a position after finding a way to rig is politically in his favor. He’s gone beyond his initial product evaluation and then buy mode.

Somehow, he’s calculated that the trucking network will be screwed with, so as to create a dominant railroad position.


10 posted on 11/08/2009 9:33:23 PM PST by qwertypie
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To: qwertypie

Yup he is one of bo’s benefactors and one of his welfare queens and will undoubtedly be repaid handsomely just like that evil little soros.

http://market-ticker.denninger.net/archives/1299-Buffetts-Inner-Pigman-Shines-Through.html

http://www.economicpolicyjournal.com/2009/08/did-warren-buffett-front-run-tax-payers.html


12 posted on 11/08/2009 9:43:26 PM PST by FromLori (FromLori)
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To: qwertypie
Buffet has so much loose cash that needs a home that BNSF was an easy pick. The railroads are making money and Buffett knows all about that. Cheap gasoline made trucking cheaper than trains and nearly drove the railroads out of business.

When you have the cash and can buy large companies, you stand to win big and lose big. China is must another domino in a chain of events that may or may not unfold.

15 posted on 11/09/2009 1:42:00 AM PST by x_plus_one (Those who cannot remember the past, are condemned to have George Santayana quoted at them forever)
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