Berkshire’s $34B BNSF Railroad Investment Nearly Doubles In 4 Years – ValueWalk Premium

Berkshire’s $34B BNSF Railroad Investment Nearly Doubles In 4 Years

If you think the man has lost his touch, think again.

Warren Buffett’s ‘elephant-gun’ purchase of the Burlington Northern Santa Fe, LLC (NYSE:BNI) railroad for $34 billion in 2010 was impeccably timed (coming as it did a year off the 2008-2009 financial crisis) and a huge bet on the revival of the US economy.

However, just four years later, this investment is worth at least $65 billion, according to analysts.

“Based on 8x forward EV/EBITDA and a P/E multiple . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0