>Warren Buffett's letter to investors: Why the railroad is such a good investment. – By Annie Lowrey – Slate Magazine   1 comment

>Warren Buffett’s letter to investors: Why the railroad is such a good investment. – By Annie Lowrey – Slate Magazine

Warren Buffett. Click image to expand.
In 2010, with the U.S. economy still wounded and U.S. consumers still wary, cash-rich investors often looked west: All the big returns were in Singapore or Hong Kong or Silicon Valley, they said, so they put their money into hot social-media start-ups and emerging economies. But last year the world’s most famous investor decided to stay very close to his base in flyover country. Warren Buffett doubled down on a 19th-century technology that runs right through his Nebraska hometown: trains.

Posted March 2, 2011 by dmacc502 in Uncategorized

One response to “>Warren Buffett's letter to investors: Why the railroad is such a good investment. – By Annie Lowrey – Slate Magazine

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  1. Pingback: Share your hard-won investing lessons in MONEY magazine « Diary of a Mad Voter

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