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Whats scary is his record of being right. I think we should all take note. He has made more money betting on more changes than anyone. Bill monopolized one thing. I work at UPRR and it would be stupid to ignore them. If you want to move anything west you have the UP and BNSF and UP controls nearly 2/3 of the lines, so who has the sustainable competetive advantage that Buffet touts in his philosophy?
I wonder if Buffet and Simmons ever have converstations together about all this stuff?
I would not be surprised if they did.
tate,
I used to do a lot of work at Missouri Pacific. Later I think UP brought it up. MoPac was one fine hellva railroad.They wrote some very very good code. I started there when paper tape and teletypes were the normal communications tools.
Took forever to get a 'consist' in.
On 12th and Olive(maybe Locust) in Downtown St. Louis.
Spent many a nite up on Dago Hill drinking like fish with the programmers from MoPac.
UP was based in Omaha? No?
Do you work in Clayton?
Airdale