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#96 James J. Hill (Empire Builder of the Northwest)
Founders
How to Build a Successful Regional Railroad
The Great Northern Railway is a derivative of the company that Warren Buffett buys all the way into the future in 2009. It says, the great adventure of James J. Hill's life came during his prime years, with the epic westward construction of his Midwestern railroad to the Pacific. So we've seen this strategy over and over again: When you can make money at lower prices, then your competitor can. Time is on your side, and eventually go bankrupt.
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