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Video: The Frisky Buffett

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What's behind the Oracle of Omaha's purchase of Burlington Northern Santa Fe?

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Yesterday, Berkshire Hathaway (BRK) CEO Warren Buffett stunned Wall Street when he announced he was plunking down $34 billion to acquire Burlington Northern Santa Fe (BNI).

This isn't the first time the Oracle of Omaha has gone "all-in" during the tough economic climate. In September, 2008, he bought billions of dollars wroth of perpetual preferred stock and warrants in Goldman Sachs (GS) and General Electric (GE).

So what's behind his latest wager?

Join Todd Harrison for a closer look.



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