Burlington Northern

http://www.cnbc.com/id/22831234

I have not touched BNI on my blog because there are many blogs who are following this story but I thought this article (really the table within the article) was interesting enough I decided to put it on here. For full disclosure I do not own BNI, though I came very close to buying it around $78 last week. Buffett now owns 18% of the company. It is his biggest purchase in dollar value ever in one year in one company on the NYSE. He has been buying it by the bucket loads.

The replacement value (what it would cost if you rebuilt the rail lines from scractch today) has been estimated north of $70 billion dollars.

BNI

http://www.atfreeforum.com/billyticketswin/viewtopic.php?t=14&mforum=billyticketswin

An interesting thread on BNI. I do not own it and have not looked at it but there were a couple of interesting data points.

I didn't realize on a dollar basis that this is the largest stock purchase ($5 billion) that Warren Buffett has ever made.