Well Hello, Mr. Buffett
Source: http://briskycapital.blogspot.com/2009/11/well-hello-mr-buffett.htmlPosted on Tuesday, November 3rd, 2009 | In Energy Markets, Investing Lessons, Market Commentary
If you follow financial news, or any news for that matter, you know what happened this morning. Warren Buffett’s Berkshire Hathaway a href=”http://finance.yahoo.com/news/Berkshire-buying-Burlington-apf-3016566039.html?x=0amp;.v=18″agreed to buy Burlington Northern/a. He already had a large stake (I believe around 20%), but this is a massive bet on the US economy. It really is classic Buffett. If you’ve read my blog at all, you know I’m bullish on railroads, and have felt BNI is the best out there. I don’t own any shares, so I missed out on this one. Buffett isn’t stealing it, but it will likely look like a good purchase five years from now. br /br /In other news, a href=”http://finance.yahoo.com/news/Berkshire-Hathaway-OKs-50for1-apf-323762915.html?x=0amp;.v=5″Berkshire agreed to split /atheir “B” shares 50 to 1, which is a big departure for them. br /br /Buffett is clearly trying to make a statement here, and likely wanted another “signature purchase” (like Coca Cola, GEICO, or many others) to add to his legacy.div class=”blogger-post-footer”img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/819581243324579563-7158786269289451742?l=briskycapital.blogspot.com’ alt=” //div
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 About Michael E. Brisky (http://briskycapital.blogspot.com)
Welcome to "In the Know." Here I discuss macro trends in the market, and how I think investors can profit from them. I particularly follow energy stocks and other beneficiaries of secular growth. My investing style would best be described as a hybrid. A hybrid of value and growth; of fundamental and technical analysis. I think you have to be flexible to be a successful investor, but also disciplined. |
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