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Discussion Overview

The thread centers around a recent acquisition by Berkshire Hathaway and the implications for the economy, with participants sharing personal anecdotes related to the railroad industry and its historical significance.

Discussion Character

  • Anecdotal
  • Opinion-based
  • Technical explanation

Main Points Raised

  • One participant shares a link to a news article about Berkshire Hathaway's acquisition, noting the significant use of cash reserves.
  • Another participant expresses interest in potentially returning to training, suggesting a personal connection to the topic.
  • Several users mention their amusement regarding Warren Buffett's age and his bold investment strategy.
  • One participant discusses their husband's experience in the freight industry, indicating that business has improved and suggesting it reflects a recovering economy.
  • Another participant highlights the historical significance of the Berkshire locomotive, connecting it to the discussion about the railroad industry.
  • One participant recognizes a specific train mentioned and shares their family's visits to see it, indicating a personal connection to the topic.
  • A participant provides details about the Pere Marquette Berkshires, including their operational status and cultural references, such as their connection to the Polar Express.

Areas of Agreement / Disagreement

Views differ among participants regarding the implications of the acquisition and the state of the economy, with no clear consensus emerging.

Contextual Notes

The discussion includes personal experiences related to the railroad industry and its historical context, reflecting a mix of nostalgia and current economic observations.

Who May Find This Useful

Participants interested in the intersection of economic trends and historical railroad significance may find the shared experiences and insights relevant.

janetupnorth
janetupnorth
Gold Member
Messages
14,814
http://finance.yahoo.com/news/Buffetts-Berkshire-buying-apf-3016566039.html?x=0&sec=topStories&pos=2&asset=&ccode=
 
Maybe I could get back into training?
 
  • Thread starter
  • #4
The_Kitchen_Guy said:
Maybe I could get back into training?
Click to expand...

Maybe, but you're having too much fun writing I think! ;)
 
I could have a wheelie good time playing with Warren's toy trains. (I suspect he's gone loco.)
 
The_Kitchen_Guy said:
I could have a wheelie good time playing with Warren's toy trains. (I suspect he's gone loco.)
Click to expand...

LOL I am sure he wouldn't mind!
 
It was reported today that Berkshire Hathaway used ALL of its cash reserves to make the purchase. Buffet reportedly said he is all-in betting on the American economy. He's about 375 years old now, isn't he? If the economy continues to sputter and Berkshire Hathaway all goes into the tank, what does he care?By the way...in a twist of irony, one of the workhorses of the old railroads was the 2-8-4 locomotive known as the "Berkshire." (It was so named because of impressive tests in the Berkshire Mountains.) This one was used on the old Pere Marquette Railroad.http://www.freewebs.com/steamfans/100_1285.jpg
 
Hey, my husband works for a local freight line and business has been steadily picking up the last 6 months. It's a definate sign that the economy is turning around....believe it or not.Months before the nation realized that things were going down the tubes a few years back, he came home and told me that traffic was down at work and we needed to start stockpiling our savings. We did, and it kept us above water when the stuff hit the fan!Gotta love the railroad industry! It's a true predictor of our economic future.
 
The_Kitchen_Guy said:
It was reported today that Berkshire Hathaway used ALL of its cash reserves to make the purchase. Buffet reportedly said he is all-in betting on the American economy.

He's about 375 years old now, isn't he? If the economy continues to sputter and Berkshire Hathaway all goes into the tank, what does he care?

By the way...in a twist of irony, one of the workhorses of the old railroads was the 2-8-4 locomotive known as the "Berkshire." (It was so named because of impressive tests in the Berkshire Mountains.) This one was used on the old Pere Marquette Railroad.

http://www.freewebs.com/steamfans/100_1285.jpg
Click to expand...



HEY! I recognize that train! It's sitting in a little park on the channel in Grand Haven, MI. We visit there several times a year, and always have to walk to the train to satisfy my son's obsession! :D
 
Becky, that is one of two Pere Marquette Berkshires that still exist. "Yours" is 1223, which was a source of parts, faithfully reproduced then returned to 1223, to keep Pere Marquette 1225 operational. 1225 is not only still operational, it was the model for the Polar Express, and sound effects from the loco were used in the film. Both have interesting histories. (The author of the Polar Express remembered the locomotive on display in Grand Rapids. Note that the number is also the date of Christmas.)http://upload.wikimedia.org/wikipedia/en/thumb/f/fd/PM1225.jpg/300px-PM1225.jpgThe Pere Marquette was a major operation in Michigan, including operating car ferries on Lake Michigan, out of Ludington. It was acquired by the Chesapeake & Ohio Railroad in 1947.
 

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What is the new sister company associated with Pampered Chef?

The new sister company is called "Guys," which focuses on providing high-quality kitchen tools and products specifically designed for men who enjoy cooking and grilling.

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