Shawn Allen

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  • Gates and Buffett All Aboard With Railroads

    By Shawn Allen - January 8, 2012 | Tickers: BRK-B, CNI

    It so happens that those billionaire buddies, Bill Gates and Warren Buffett, have both been investing in railroads. I wonder, should we join them?

    Bill Gates owns 50 million shares, or a shocking 11%, of Canadian National Railway Company (NYSE: CNI). At a recent price of U.S. $76.67, that is a $3.8 billion dollar investment, which is very large even by the standards of Bill Gates. He more »