How New Money’s view on $BNS changed

Channel profile →This channel has 3 credited speakers: Li Lu, Michael Bury (for the exit signal), Pershing Square1 entry
2026-09-06Bullish
“The SaaSpocalypse Isn't What Investors Think.”
Speaker valued BNS at $120-$150/share, above the $90 buyout price.

The first deal I saw him make was in 2008. It was publicly known that he made it, but he mostly doesn't really announce it. He was trying to buy Burlington Northern Railway.

I was looking at it and thinking, "Well, maybe this railroad is worth $120 a share." It is trading at around $80. This is Burlington Northern. I know that Buffett is trying to buy it.