Are the Days of Riding Buffett’s Coattails Ending? Maybe Not
Wed, Nov 4, 2009
Larry MacDonald submits:
Now that Burlington Northern (BNI) is up 30% on a takeover by Warren Buffett’s Berkshire Hathaway (BRK.A), some people have sent in congratulations for recommending the stock in a May 4, 2009 blog post. Thank you very much but I didn’t see the takeover coming; I was thinking it could take two or three years for Mr. Market to bid it up that high.
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