...America? I recently saw an interview on front-line that consisted of a British economic guru/author criticizing Warren Buffets decision to "Invest in America". I.E. Mr. Buffet should be cautious about investing in hard economic times. I thought to myself "Who is this guy? Why bust Buffets chops with this?" I personally praise Warrens decision and wondered "Why don't more Billionaires pitch in and do as Warren is and 'invest' in American industry and create jobs.
Here is an excerpt from an article that talks a little about Warrens investment: In a statement, Buffet, whose investing decisions are carefully scrutinized by the world of finance, voiced confidence in the railroad industry.
"Most important of all, however, it's an all-in wager on the economic future of the United States. I love these bets," he said Tuesday.
Berkshire Hathaway Inc. already owns a 22 percent stake in Burlington Northern and would buy up the rest under the deal, for a total value of $34 billion. It still needs approval from Burlington shareholders and antitrust regulators
Here is an excerpt from an article that talks a little about Warrens investment: In a statement, Buffet, whose investing decisions are carefully scrutinized by the world of finance, voiced confidence in the railroad industry.
"Most important of all, however, it's an all-in wager on the economic future of the United States. I love these bets," he said Tuesday.
Berkshire Hathaway Inc. already owns a 22 percent stake in Burlington Northern and would buy up the rest under the deal, for a total value of $34 billion. It still needs approval from Burlington shareholders and antitrust regulators