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Warren Buffett is not in the market to buy another railroad, but he did meet with the CEO of CSX and discuss greater cooperation, he told CNBC’s Becky Quick on Monday. Buffett’s comments come after Berkshire Hathaway’s BNSF Railway and CSX announced a partnership to provide new coast-to-coast rail services on Friday. Read more: cnb.cx/4mqwphc | CNBC
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Warren Buffett is not in the market to buy another railroad, but he did meet with the CEO of CSX and discuss greater cooperation, he told CNBC’s Becky Quick on Monday. Buffett’s comments come after Berkshire Hathaway’s BNSF Railway and CSX announced a partnership to provide new coast-to-coast rail services on Friday. Read more: cnb.cx/4mqwphc | CNBC
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WARREN BUFFETT: "APPLE $AAPL IS BETTER THAN ANY BUSINESS WE OWN OUTRIGHT""We own a railroad that's worth more money. I think it's more predictable that the railroad will be around 50 or 100 years from now. But it doesn't earn remotely the rate on capital that Apple does.""You've got one probably, and your kids have got them."
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