Recently, Warren Buffett and Berkshire Hathaway Inc (ticker; BRK-A)(ticker; BRK-B) bought Burlington Northern Santa Fe Corp. (ticker: BNI). In January, Railway Age made the Chairman and CEO of Burlington Northern, Matt Rose, the railroader of the year.
In doing so, this trade magazine (and website) which has served the railroading industry since 1856 has conducted an interview with him. In the interview, Rose discusses his history in both the rail and trucking industry, information on Buffett's interest in Burlington Northern and the importance of railroading technology going forward. Discussion on the moat of railroads and the potential for increased passenger traffic is also discussed.
The full interview is available to read here. This material is required reading for anyone trying to learn more about how Buffett thinks and for anyone interested in investing in the railroad industry.
In doing so, this trade magazine (and website) which has served the railroading industry since 1856 has conducted an interview with him. In the interview, Rose discusses his history in both the rail and trucking industry, information on Buffett's interest in Burlington Northern and the importance of railroading technology going forward. Discussion on the moat of railroads and the potential for increased passenger traffic is also discussed.
The full interview is available to read here. This material is required reading for anyone trying to learn more about how Buffett thinks and for anyone interested in investing in the railroad industry.
