Naked thoughts from Shanghai Rail Summit in Shanghai
Some after thoughts after going to the Shanghai Rail Summit in Shanghai China. The event was Sponsored primarily JP Morgan and the Ministry of Railroads in China.China needs money for further development of the railroads. Sounds simple enough given the amount of investment being thrown at China lately. However since the Chinese helped us build ours the world has changed a bit and so have property rights issues.Established Railroads in the United States own a bunch of land and you cant really invest in that part of the equation in China. Endless you get a substantial rate of return from one of the largest government agencies.Tried to meet with Freddy Bush and Xnihua Finance at this event or there Shanghai office but were unavailable perhaps next time.Warren Buffet took a chunk of Burlington Northern Santa Fe BNSF recently. The play is the inland storage facilities .Not just in China but to our south in Mexico where goods come in. Look for Inland container facilities outside of Chicago and south Dallas. Watch Coffeygrinds live 9am CST on MN1.com
Formats available: Quicktime (.mov)
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