Buffett Railroad Beats Coal Slump With 75% Gain in Oil

Buffett Railroad Beats Coal Slump With 75% Gain in Oil

Mike Fuentes/Bloomberg

Buffett’s Berkshire Hathaway Inc. spent $26.5 billion in 2010 to acquire the 77.5 percent of BNSF it didn’t already own in the billionaire investor’s biggest takeover.