Buffett right again? April 2, 2010Posted by shaferfinancial in Finance.
Tags: Buffett and his railroad, Rail traffic surges
Railroad traffic is up significantly in 2010. For the last week of March traffic is up 16.5% year on year. It is at it’s highest rate in the last 17 months. Still down over 10% from 2008, the rapid improvement this year is making Buffett seem like the sage some people think he is. Care to bet against Buffett??????