” The biggest name in investing is making what he calls an “all-in wager” on the U.S. economy “
BS... He’s betting that fuel costs stay high enough to preclude any major rebound in the trucking industry....
And that’s *not* good for the U.S. economy.....
Right on, right on, right on!
Its a commodity play. The percentage of freight moved by rail as compared to wheels will remain high. They also have built-in pricing power and regulatory capture.