November 23, 2009 Monday

ST Discussion Board Money Buffett bets on rail revival with biggest purchase yet
 
STTeam
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Buffett bets on rail revival with biggest purchase yet
November 05, 2009 Thursday, 05:28 AM

NEW YORK: America's best-known investor, Mr Warren Buffett, is making his biggest bet yet on the nation's economic future by buying, of all things, a railroad.
Ian_Allen
November 05, 2009 Thursday, 09:59 AM

The recovery is visible in the distant horizon ... Buffett is often early but even US railroad traffic has stabilized after many months of declines.

He has not tried to catch a falling knife - the traffic uptick is anaemic but here.
http://protecturwealth.blogspot.com/
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