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Joseph Lazzaro Return Risk +1.98% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed BRK.A n/a BNI n/a Via BloggingStocks:   Filed under: Deals, Berkshire Hathaway (BRK.A), Burlington Northern Santa Fe (BNI) Warren Buffett's (NYSE: BRK.A) decision to buy the 77.4% shares of Burlington Northern Santa Fe (NYSE: BNI) that he did not already own, for $100 each in cash and stock, is like an early holiday present for BNI shareholders. And first recommended on April 30, 2009 at a price of $67.81, that means BNI shareholders will earn a cool 47% for their April-bought shares. Not bad for a six-month investment. I would say BNI probably was worth 10-15% more, but BNI shareholders will take the immediate pay-off, just the same. Buffett's move also reflects his stance toward U.S. railroads, a sector I like, too. Continue reading Buffett's railroad move: A win for BNI shareholders Buffett's railroad move: A win for BNI shareholders originally appeared on BloggingStocks on Fri, 06 Nov 2009 09:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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