Comfort Zone Investing: Buffett buys Burlington

Filed under: Berkshire Hathaway (BRK.A), Comfort Zone Investing, Burlington Northern Santa Fe (BNI)

Warrent Buffett, investor extraordinaire, just bought something. The Burlington Northern Santa Fe Railroad Company (BNI). It cost $26 billion. He already owned part of the railroad, but he wanted it all. Figured it was a great investment. So why should you care?

First, because it's Warren Buffett. While he's made one or two bad investments (see Eastern Airlines (who?) as an example), most of what Mr. Buffett buys increases in value. He's not the second richest man in America because he's lucky. When he buys into an industry, it may be one that most investors should consider.

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Comfort Zone Investing: Buffett buys Burlington originally appeared on BloggingStocks on Sat, 07 Nov 2009 10:30:00 EST. Please see our terms for use of feeds.

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