Warren Buffett made the biggest bet of his career, agreeing to buy Burlington Northern Santa Fe Corp. in a $26.3 billion deal that reflects his long-term optimism about the U.S. economy.
This is good news, a vote of confidence in a bedrock strata of the U.S. economy, by a very smart player. Combined with overnight voter signals to pol's not to swing too far into the progressive tax-and-spend fiscal wilderness, it signals positive prospects for our future.
Invest in well run companies, with solid long term business models, at attractive valuations… keep your focus on fundamental results over the long term and what drives them… and you will be rewarded. Adopt government policies that sustain a healthy economy, and individual successes aggregate into national ones.