On which deals this year will reputations will be made or lost? A few chief executives, most notably Warren Buffett, are prepared to wait years to be proved right. His purchase of Burlington Northern Santa Fe for Berkshire Hathaway will be seen as a masterstroke if a sluggish decade leaves the utility-like returns of a train company as the best available.
今年哪幾筆企業交易會讓人名聲大漲？哪些則會讓人名聲掃地？有幾位執行長已準備等上數年，讓時間來證明自己的決定是正確的。最令人矚目的是華倫•巴菲特(Warren Buffett)。如果十年內經濟成長遲緩，使得一家鐵路運營公司類似公用事業企業的回報率看上去好過其它企業，那麼，巴菲特爲波克夏-哈薩威(Berkshire Hathaway)收購北伯林頓鐵路公司(BNSF)，將被視爲一個神來之筆。
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