Thursday, November 12, 2009

Warren Buffett's biggest bet !!!!

How big is the bet??

$26 Billion!!!

Thats right Warren Buffett made his largest investment yet buying out Burlington Northern Santa Fe, a Texas based railroad company.

Well he has definitely turned heads with this investment and it is not in the least because of the size of the investment but more so because of the sector. Trains.

The growth of the railways spearheaded the industrial revolution across the world. But when most of the world thinks the heyday for the railways is over.Here is Buffett thinking otherwise.

He says it is the most efficient way to transport goods. A ton of goods can be transported for 470 miles in one gallon of diesel.

Wow!! that is the solution for the impending global energy crisis.

Also he says in this day and age when pollution is a major problem each train can take away 280 truck of the road.

He has done his research and he has placed his bet. He also seems to suggest it is the safest bet for the world.

When Warren Buffett talks you listen.

For more on this topic and excerpts from his interview click here.

1 comment:

  1. Too good man...:) An example of simple and rare thinking...!!

    ReplyDelete