Warren Buffett is the world’s best-known investor, not least because he has strong views and a long-term perspective which have made him immense profits.
His explanation for Berkshire Hathaway’s biggest investment ever – Tuesday’s offer to buy a US railroad company – conforms to this style. Valuing Burlington Northern Santa Fe at $44bn, he said it was “an all-in wager on the economic future of the United States”.
