Warren Buffett says that his purchase of Burlington Northern is an “all-in-wager” on the United States. The theme of this blog is “Successful Investing Requires Optimism Built Upon Sound Fundamentals.”
Warren is optimistic about our long-term future. Today’s video looks at whether or not he is basing his faith on sound fundamentals.
Best when viewed in full youtube screen.
Burlington Northern’s stock price has clearly tracked fundamentals. Because the stock was depressed, Warren is paying fair value, even though he paid a premium to current price. Warren knows value.
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