Opportunities for the RAIL SECTOR

Todays news of a bond issue from Russian Railways reminds me that European governments are likely to privatise more assets in the future as they try and play down large budget deficits and heal huge borrowings they have undertaken. The railway industry is one sector that will be particularly interesting due to its market structure. Indeed, one can build up knowledge today of listed railway companies and may even find opportunities within the Emerging Markets in this field. Having had our Burlington Northern Santa Fe stock bought out by Mr. Warren Buffett, we are on the hunt.