When Warren Buffet made a bet, agreeing to buy Burlington Northern Santa Fe Corp for $34 Billion, he was placing a bet on the future of the economy and the railroads impact on that future. I would have made the same bet, if I had it, but, more certainly would have made even a larger bet that he was concerned about his company’s decision. Given that Buffet made past bets (investments) on railroads, this could be one of great timing. As analysts speculated, Buffet is “planting both feet” in an industry destined to grow with the bounce back of the economy” - if your business was in a position to make a similar “bet”, would you?
Are you looking at your business like Buffet? Analysts are saying he is “looking for investment that will reap rewards for many years into the future and not so worried about immediate gains”? At Impact 21 Group,we believe that both low hanging fruit and long term gains are important in the C-store industry. In an industry where the 2008 Top 100 C-Store companies have fewer than 70 stores, every dollar spent in your business, and our industry, is making the “Billion Dollar Bet”.