3rd Dec 2009 by Gary
With things changing quickly in the world, and the idea that peak oil is a reality, Warren Buffett has invested in Burlington Northern Santa Fe railroad, mostly on the assumption that fuel costs will rise, and the company will be able to compete even stronger against their trucking and other railroad rivals as fuel costs rise. For their railroad rivals, they don't have the money or the will to develop the infrastructure that Burlington Northern has, and so they stand to be a terrific investment over the long term by Buffett for his Berkshire Hathaway holding company.
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