Warren Buffett buying railroads

Nov 04, 2009 03:29

So probably most of you heard the news, Warren Buffett, the second richest man in the world, just bought the rest of this huge railroad company for billions of dollars. This is the single biggest acquisition of his career.

The news is touting this as "Warren Buffett is betting on America!"

But to me it seems like he's betting on peak oil. What do you think?
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