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Editor's blog: Buffett betting on rail
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Management Today Magazine  | November 05, 2009

US railways are mostly used by freight, not people. But maybe the Sage of Omaha thinks that will change. So Warren Buffett is betting the farm on the US railroad system. His Berkshire Hathaway vehicle has just spent $27 billion dollars â?? his biggest single punt ever â?? on the purchase of Burlingt...
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