Warren Buffett’s BNSF Buy Looking Smarter as Coal Surges

Buffett: a clever bet on coal

O, Oracle of Omaha, how could we ever have doubted that your bet on coal was a wise choice?

Now, as coal prices have surged more than 40 percent from last year’s lows, we see three reasons why Warren Buffett’s purchase of the Burlington Northern Sanata Fe railroad – which hauls 1/5 of the nation’s coal – was smart. Read More »