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Buffet Bets on rail
taken from: News of 9 April 2007
Stock in Canadian National Railway Co. surged by more than five per cent yesterday along with other North American railways on news that super investor Warren Buffett has made a big bet on the sector.
Buffett's investment vehicle, Berkshire Hathaway Inc., has become the largest shareholder in U.S. railroad Burlington Northern Santa Fe Corp., according to a filing with the Securities and Exchange Commission. ...Read On ....
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