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Monday, February 22, 2010 9:26:38 PM
WHILE BUFFET IS AMONGST THE BEST IT WAS A DIFFERENT TIME WHEN HE MADE HIS FORTUNE. WHY DONT YOU ASK HIM JUST HOW MUCH "EXPORT" HE HAS THESE DAYS BRINGING MONEY IN TO THE US... HIS FORTUNE VIA OUR ADDICTIONS/NEEDS....
For Buffett, one of the greatest opportunities is in a relatively “old” industry given up for dead by the 1970s: railroads. He recently invested $34 billion in Burlington Northern Santa Fe railroad. “You think about it, the railroads are tied to the future prosperity of this country,” he said. “You can’t move a railroad to China or India or anyplace else. We start out with the premise, and I can’t think of a more sound premise, that there will be more people in this country, 10, 20, 30 years from now. They will be moving more and more goods back and forth to each other.”
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