Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) - on a railroad kick since early this spring - has purchased 6,000 more shares of Burlington Northern Santa Fe Corp. (BNI), the latest in a series of significant railroad-share purchases made by the Omaha investment firm.
About the Author
Before he moved into the investment-research business in 2005, William (Bill) Patalon III spent 22 years as an award-winning financial reporter, columnist, and editor. Today he is the Executive Editor and Senior Research Analyst for Money Morning at Money Map Press.
[…] Buffett has lost his magic touch. We dismiss this out of hand. His most-recent decisions to add into railroads, to buy shares in leading steelmaker Posco Ltd. (NYSE ADR: PKX) and 19 other South Korean […]