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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (42971)6/10/2011 3:49:46 PM
From: Difco  Respond to of 78748
 
Grommit,

Was your reasoning behind selling off your railroads based on the PE ratio? I heard Oxbow was suing them over pricing. I personally owned BNSF as I liked the economics, but once BRK stepped in, I felt everybody came in and prices went up for all of us.

Is it me, or the recent sell off rhymes a bit with the summer of 2008?

Difco