Warren Buffett’s Berkshire Hathaway fund has pumped $34 billion into Burlington Northern Santa Fe Corporation, the USA’s second largest railroad.
“Berkshire’s $34 billion investment in BNSF is a huge bet on that company, CEO Matt Rose and his team, and the railroad industry,” Buffett said in a statement.
“Most important of all, however, it’s an all-in wager on the economic future of the United States. I love these bets,” he said.”
More at AP.