Buffett's Burlington Exploits Boxed Asia Grain

[Parsad]

Article on Burlington Northern and Berkshire.  Cheers!

 

http://www.bloomberg.com/news/2011-11-17/buffett-s-burlington-exploits-boxed-asia-grain-up-29-freight.html

[bmichaud]

I think it was someone on this board the other day that WEB probably gave Rose a blank check for building upon BNSF's moat - when I saw this article this morning that's exactly what I thought of. Has to be one of WEB's more brilliant moves - not only is it an automatic investment for his successor (i.e. capital will automatically flow toward BNSF due to capital needs, etc...) but it puts BRK directly in line to benefit from global population growth. BNSF's competitors must be so PISSED that BNSF has the ability to invest nearly unlimited amounts without having to worry about quarterly reporting. Phenomenal!!

[menlo]

Looks like a perfect time to buy Seaspan....  ;)