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Warren Buffett Buys Lots of Railroad Stock. He Needs Something to Transport His Billions of Dollars from Place to Place.

In case you didn’t hear the news, Warren Buffett recently upped his stake in Burlington Northern Santa Fe to 11% and now has $3.4 billion dollars invested in the railroad company. Buffett is placing a lot of confidence in the shipping ability of the railroad system, and based on his $46 billion net worth, that gives me confidence in the railroad industry as well. That’s why today I’ve decided to make a $200 railroad investment of my own. If all goes according to plan, I’ll see you on the Forbes Richest Man list next year, Warren.