Buffett talks to FBN About BNI Buy and More

Warren Buffett woke up a week ago and decided to buy an entire railroad.

The way he describes it to Fox Business is that he went to Texas to go check in on his investment in Burlington Northern and was so impressed by the presentation CEO Matt Rose and his team made that he sat down with Matt and said, "How 'bout I buy the entire company?"

The whole conversation, according to Buffett, took around 10 minutes.  In a day where lawyers swarm and negotiations take months, it's refreshing and frankly, fascinating to see a businessman with so much confidence that he simply says, "Let's do it."

You've got to hear what else Buffett said about the deal, the economy, President Obama (whom he supports 100%), and healthcare.

The clip is below.  I'd love to hear your thoughts once you watch it.

--Liz