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WARREN BUFFETT’S FAVORITE INDEX

11 July 2009 by TPC 1 Comment

Regular readers will be quite familiar with the following index:

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  • Aki_Izayoi said:

    Are railroads are more efficient (in terms of cost) way of transporting goods than trucks? Jeff Rubin stated that higher oil prices would wipe out the wage advantage of producing certain goods in China. Perhaps railroads are a way of profiting from the macroeconomic trend of increasing oil prices in the long term. I wonder if this would be a nice synthetic call option (that nobody looked at) for oil.

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    # 12 July 2009 at 8:16 PM