Billionairre Buys Railway

[DudleyStation]

Warren Buffet has bought the Burlington Santa Fe railway for $26 Billion,the significance of this move is that this guy hardly ever makes a business mistake and if he thinks railways have a big future then its pretty dammed likely that they do.
I guarantee Britain will come to the same conclusion in about 50 years and wonder then why the rest of the world is so far ahead of us in rail technology

[klordger1900]

Does the name Branson ring any bells? It wont be long before the Virgin Brand spreads its wings just a little further. As these billionaires are usual front men for the financial backers and bankers they do trade heavily on their reputation for spotting a good investment. I think Branson will be the first in the queue for the old LNER in 2011.

[DudleyStation]

Originally Posted by klordger1900

Does the name Branson ring any bells? It wont be long before the Virgin Brand spreads its wings just a little further. As these billionaires are usual front men for the financial backers and bankers they do trade heavily on their reputation for spotting a good investment. I think Branson will be the first in the queue for the old LNER in 2011.

From what i understand Branson is not in the same league as this guy who is a mega player in the business world

[klordger1900]

Its a question of scale - if you make it in USA, its a massive market with huge returns. If you make it big in UK then you can carry your cash in a wheel barrow instead of dump truck. There arnt that many opportunities to get mega rich on these shores unfortunately.