investing prowess

Berkshire Hathaway (NYSE: BRK-A) recently announced that it would buy Burlington Northern Sante Fe (NYSE: BNI) for $100 a share. The deal is a textbook example of Berkshire CEO Warren Buffett's investing prowess. Railcar loadings are one of his favorite economic indicators, and Buffett is buying a quality freight business at what data shows to be near the bottom of this deep contraction in economic activity. The "Oracle of Omaha" calls the pending purchase an "all-in wager on the economic future of the United States."