I have a completely opposite take on this: IMO, buying a railroad makes me think Buffett sees an impending all-out economic collapse and deep decade-long depression. In such a case, I’d think a hard physical asset with property rights-of-way that is also a form of economical, basic transportation for good and people would be one the safest bets to make.
Buffet is preparing for TEOTWAWKI.
You could cerainly be right. But one thing is for sure, the corrupt MSM have been working overtime to spin this in support of Obama’s economy, you know, the one Obama keeps saying is Bush’s.
Plus he could make money from the fed putting christians in boxcars for orderly transport to camps.