Warren Buffett leads a simple life. But when the revered business legend buys a train set, it's a $34 billion mega-deal.
Coming along just as the economy has begun to recover, Buffett's bid on Tuesday to buy the Burlington Northern Santa Fe Corp. amounts to an "all-in wager on the economic future of the United States," the CEO of Berkshire Hathaway Inc. said in an announcement.
"I love these bets."
One of the world's richest men, Buffett increasingly has been sharing his affections for American investments, including a personal essay in The New York Times about a year ago.
Read more
Showcase your ideas, writing, and personal site to readers.
Support The Intelligence Daily by making a secure online donation