"It looked to us like an oil play. He has a history of making bad oil play decisions. And that was at $75/share, we thought there were better oil plays. At $100/share we think he has lost his mind."https://twitter.com/MarAzul_90/status/1085245407729500161 …
All you needed to know to make that buy was that 1. Train transportation would not be outmoded any time soon 2. Up and bnsf are a duopoly on one of the us 's most important routes (if not the most important), Los Angeles => east