BURLINGTON NTH SANTA FE (BNI) 98.10 $0.02 (0.02%) 12:11AM (15 mins delay)

The Buffett Philosophy: On Display Once Again

Nov 04, 2009 - 4:50 PM EST

Andy Kern submits:

I don’t maintain this blog much anymore, but that doesn’t mean I don’t follow Berkshire Hathaway (BRK.A). And I would be remiss not to comment on the news I awoke to on Tuesday.

This is likely the most historic day in the history of Berkshire. The company is making the largest single acquisition – by a huge margin – in its history by acquiring the 75% of Burlington Northern Santa Fe (BNI) it didn't already own. Additionally, BRK.B is getting split 50-for-1, so no more $3,000 shares. Is this the end of the BRK mystique?

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Source: Seeking Alpha (Nov 04, 2009 - 4:50 PM EST)