Riding the Rails with Warren Buffett

Warren Buffet‘s acquisition of Burlington Northern Santa Fe is helping a few funds that have allocated large chunks of the portfolio towards the railroad.

With 11.2% of its assets in Burlington, the iShares Dow Jones Transportation Average (IYT) was a big winner after the acquisition announcement — up 5.3% in one day compared to 0.2% for the S&P 500.

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