Replies to post #803 on Berkshire Hathaway Inc (BRK.B)

[Duma]

Guess the IBM buy did not work out so well and I understand he has sold all or a large part.

For years he prided himself that he would not invest in tech companies. Guess that all changed with AAPL. Got to be helping his portfolio a bunch.

Current track not looking so good.

[JLS]

Railroads,

Berkshire has been investing heavily in this business.

Berkshire must invest heavily in the railroad business.

Everything about Railroads is made of steel. There is no other material or intellectual property of noteworthy value.

Steel rusts.