Comments on: Warren Buffett Goes “All In” on America’s Railroad Industry http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html Investment Advice and Investment Research with a Contrarian Point of View Thu, 24 May 2012 17:20:29 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Leo http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29872 Leo Sat, 21 Nov 2009 04:07:03 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29872 "Do you understand that socialism and fascism are on opposite ends of the political spectrum?" They both are infinitely MUCH closer to each other than to libertarian capitalism of our founders. For founders they would be considered as the same. The very fact that traditionally communists and fascists fight each other does not change anything. Stalin and Hitler are brothers in spirit. “Do you understand that socialism and fascism are on opposite ends of the political spectrum?”

They both are infinitely MUCH closer to each other than to libertarian capitalism of our founders. For founders they would be considered as the same.

The very fact that traditionally communists and fascists fight each other does not change anything. Stalin and Hitler are brothers in spirit.

]]> By: Josef C http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29866 Josef C Sat, 21 Nov 2009 00:15:25 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29866 Jimmy, you understand... Fascism (Italian name) is National Socialism, differs a little from other form of socialisms but they are all totalitarian systems. Get your education on firm footing. Do not get confused by leftists. All are acting like gangsters and, like different gangs, they will fight each other over turf and control. Or make aliences, if it suits them. Current US government is a mixture of Fascism, Socialism (controled internationally) and some Clasic Capitalism, where Capitalism is on the way out. Buffet just accepted that fakt and want to be on the side of "Progress" (if enslavement and death of our constitution can be called that). Jimmy, you understand… Fascism (Italian name) is National Socialism, differs a little from other form of socialisms but they are all totalitarian systems. Get your education on firm footing. Do not get confused by leftists. All are acting like gangsters and, like different gangs, they will fight each other over turf and control. Or make aliences, if it suits them. Current US government is a mixture of Fascism, Socialism (controled internationally) and some Clasic Capitalism, where Capitalism is on the way out. Buffet just accepted that fakt and want to be on the side of “Progress” (if enslavement and death of our constitution can be called that).

]]> By: Jimmy http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29740 Jimmy Thu, 19 Nov 2009 09:41:02 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29740 Do you understand that socialism and fascism are on opposite ends of the political spectrum? I do agree that patriotism isn't the reason why Buffett is investing in such a way. Speculation on US economy isn't patriotism, even if you are from US. Do you understand that socialism and fascism are on opposite ends of the political spectrum?

I do agree that patriotism isn’t the reason why Buffett is investing in such a way. Speculation on US economy isn’t patriotism, even if you are from US.

]]> By: Canada Guy http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29036 Canada Guy Sat, 07 Nov 2009 15:49:18 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-29036 Rail transport, especially electrified rail, is much more efficient, and less damaging to the environment, than transportation by car or truck. It can help to dramatically reduce energy use and carbon emission. Even better, it's a win/win scenario for the economy, the environment and the fight against global warming. <a href="http://www.selfdestructivebastards.com/2009/11/case-for-rail.html" rel="nofollow">http://www.selfdestructivebastards.com/2009/11/case-for-rail.html</a> Rail transport, especially electrified rail, is much more efficient, and less damaging to the environment, than transportation by car or truck. It can help to dramatically reduce energy use and carbon emission. Even better, it’s a win/win scenario for the economy, the environment and the fight against global warming.

http://www.selfdestructivebastards.com/2009/11/case-for-rail.html

]]> By: Dave R. http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28894 Dave R. Thu, 05 Nov 2009 22:27:05 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28894 I laud Buffett's vote of confidence, in both BNSF, and in his expectation of continued transport of coal and grain among other freight items. As to Mr. Buffett being a patriot, I'm not so certain. But there is no doubt he is an investor who has benefitted much from capitalism. In partial reply to Hank Sherrard, a much freight is still moved by water, on our nation's rivers and the Great Lakes. I ask Mr. Fessler to comment on the exact amount, and the cost per ton-mile. Neither rail nor water transport can entirely replace trucks, unless we are going to build RR tracks and load/unload stations again in every small community and at multiple locations in larger cities. Trucks will always remain a critical component of our nation's freight transport system due to their unmatched ability to pick up and deliver goods directly to nearly any location. I laud Buffett’s vote of confidence, in both BNSF, and in his expectation of continued transport of coal and grain among other freight items. As to Mr. Buffett being a patriot, I’m not so certain. But there is no doubt he is an investor who has benefitted much from capitalism.

In partial reply to Hank Sherrard, a much freight is still moved by water, on our nation’s rivers and the Great Lakes. I ask Mr. Fessler to comment on the exact amount, and the cost per ton-mile.

Neither rail nor water transport can entirely replace trucks, unless we are going to build RR tracks and load/unload stations again in every small community and at multiple locations in larger cities. Trucks will always remain a critical component of our nation’s freight transport system due to their unmatched ability to pick up and deliver goods directly to nearly any location.

]]> By: Hank Sherrard http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28890 Hank Sherrard Thu, 05 Nov 2009 20:35:39 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28890 According to article; rails carry 43% of goods moved which 50% more than truck; i.e., trucks carry 29%. What carries the other 28%? Seems an awful lot for planes and horses. According to article; rails carry 43% of goods moved which 50% more than truck; i.e., trucks carry 29%. What carries the other 28%? Seems an awful lot for planes and horses.

]]> By: ERIC MAY http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28889 ERIC MAY Thu, 05 Nov 2009 20:13:38 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28889 Sent to Pickens earlier: "Pickens, are you just another hog slopping at the public trough on the backs of our grandkids and greatgrandkids??? If what you propose is such a great idea, it would be economically viable on it's own. Eric May, Retired Automotive Engineer" Patriots?? You've got to be kidding! Neither Buffet or Boone are patriots. Buffet supported the current socialist/fascist regime get into power. At least Buffet is using his own money to create new wealth, and in that indirect sense only is he a patriot. Boone, on the other hand, is looking for a public subsidy to use nat gas as a transportation fuel with essentially no vehicles designed, developed, tested, certified, and no infrastructure in place even if there were vehicles. That requires more TAXATION WITHOUT REPRESENTATION OF FUTURE GENERATIONS. It is a stupider idea than corn into fuel, also a taxpayer funded idiocy. A PATRIOT would support Constitutional government not Boonedogles on the backs of future generations through inflation and taxation. Sent to Pickens earlier: “Pickens, are you just another hog slopping at the public trough on the backs of our grandkids and greatgrandkids??? If what you propose is such a great idea, it would be economically viable on it’s own. Eric May, Retired Automotive Engineer”

Patriots?? You’ve got to be kidding! Neither Buffet or Boone are patriots. Buffet supported the current socialist/fascist regime get into power. At least Buffet is using his own money to create new wealth, and in that indirect sense only is he a patriot. Boone, on the other hand, is looking for a public subsidy to use nat gas as a transportation fuel with essentially no vehicles designed, developed, tested, certified, and no infrastructure in place even if there were vehicles. That requires more TAXATION WITHOUT REPRESENTATION OF FUTURE GENERATIONS. It is a stupider idea than corn into fuel, also a taxpayer funded idiocy. A PATRIOT would support Constitutional government not Boonedogles on the backs of future generations through inflation and taxation.

]]> By: P http://www.investmentu.com/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28885 P Thu, 05 Nov 2009 17:45:09 +0000 http://www.investmentu.com/IUEL/2009/November/warren-buffett-and-the-railroad-industry.html#comment-28885 Great article! Glad I own some.Thanks for the NSC idea. Let's hope he's right about US future. Great article! Glad I own some.Thanks for the NSC idea. Let’s hope he’s right about US future.

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