Well Mr Buffet bank rolled my company and we are still in business. MY suggsetion is buy BNSF stock I did.
Not sure if it has been said yet but Mr. Buffet has also stated he will be buying shares in 2 other railroads. He won't say which ones yet but it will be like what he did for the BNSF. He stated the rising fuel costs and the cheapest way to move mass amounts of freight as part of his reasoning. Smart man in my book. I think it said he owns 35-36% of BNSF stock the largest percentage of any holder. The next biggest holder was at 33% that only leaves 33-34% of the stock out there to get by people like us.
Unless I'm missing something, because he owns so many companies he might just be buying the stock to have something else in his portfolio, he might also be buying it to transport his other business. He may be wealthy but he is just a person, who has done really well. If the railroad still runs like it always has there shouldn't be a problem....should there...or like I said in the beginning I may be missing something
