Warren Buffett does a lot of reading. But one book that he suggests his students read as far as stocks are concerned is Union Pacific Warren Buffett. If you are concerned about investing in technology, textiles, and food, you should be thinking about investing in how the products will get to the consumers.
Warren Buffett decided to create his own company by coming up with BNSF Railway Company. This company is climbing in sales. As of 2018, Warren Buffett can note that he has made the right choice with purchasing this freight in order to get the products where they need to go. In spite of losing out on some money, Buffett was able to regain through setting up his own system to promote where his products would end up.
Buffett always wanted to see what type of interest would be accrued from such a business. The freight business is not what Buffett solely relies on to make his money. He is not expecting to gain too much from that avenue, but he is expecting to gain from the products that the freight carries for him. Compared to what Buffet mentions that the exclusive rights to his freight companied are valued to his family, and the importance of what is sold throughout the career of keeping this business will produce the numbers that he is looking for in the long run.
You don’t have to worry about a company that is carrying what you need to the places that you need it to be. With that in his viewpoint, Warren Buffett is controlling a lot in 2018. He will continue to move stocks around and the interest accrued to fit what figures he needs to see in his bank account. Losing out on freight has not hurt Warren Buffett, but instead, he is gained through other stocks. Everything is paying off for him.