Warren Buffett thinks railroads will be his firm’s essential asset in 100 yrs, while Cathie Wood phone calls it a ‘bad idea’

JOHANNES EISELE/AFP through Getty Illustrations or photos

  • Warren Buffett and Cathie Wood are polar opposites when it arrives to their expenditure models.

  • A sector the two investors are unable to agree on is railroads, with Ark naming the sector amid its record of “negative concepts.”

  • “I will enterprise a scarce prediction: BNSF [Railway] will be a vital asset for Berkshire and our region a century from now,” Buffett said in his once-a-year letter to shareholders.

It ought to be no shock that Berkshire Hathaway’s Warren Buffett and Ark Invest’s Cathie Wooden are polar opposites when it comes to their investment

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