Advertisement
UK markets close in 5 hours 29 minutes
  • FTSE 100

    8,289.58
    +76.09 (+0.93%)
     
  • FTSE 250

    20,380.35
    +215.81 (+1.07%)
     
  • AIM

    777.30
    +5.77 (+0.75%)
     
  • GBP/EUR

    1.1648
    -0.0011 (-0.10%)
     
  • GBP/USD

    1.2534
    -0.0030 (-0.24%)
     
  • Bitcoin GBP

    51,151.01
    -826.40 (-1.59%)
     
  • CMC Crypto 200

    1,331.79
    -33.34 (-2.44%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CRUDE OIL

    78.47
    -0.01 (-0.01%)
     
  • GOLD FUTURES

    2,322.80
    -8.40 (-0.36%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • DAX

    18,293.94
    +118.73 (+0.65%)
     
  • CAC 40

    8,024.84
    +28.20 (+0.35%)
     

Is It Time to Buy the Buffett Stock That Buffett Can't Buy?

Is It Time to Buy the Buffett Stock That Buffett Can't Buy?

In 2010, Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) made its biggest acquisition in its history at the time, acquiring the railroad Burlington Northern Santa Fe (BNSF). The move surprised Buffett watchers, as it was Berkshire's first foray into the railroad sector. Buffett acted opportunistically, making the bulk of the purchase in 2009, during the depths of the financial crisis while the stock was down.