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Over on Spend Matters affiliate site MetalMiner, my better half, Lisa Reisman, recently speculated about some of the reasons why Warren Buffet may have bought out the rest of Burlington Northern. For all you Berkshire groupies, the deal is particularly interesting, given it’s the largest single investment the Sage of Omaha has ever made. But I digress. The crux of Lisa’s argument is that the bet suggests an interesting hedge of sorts involving a long-view on commodities.
Specifically, Lisa opines that, “Buffett is signaling where he thinks dollars will get spent (e.g. on commodities)”. To wit, “Instead of turning to gold…
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