Western Railroad Discussion > Katie Farmer BNSF CEO on CNBC Squawk Box

Interviewed this morning.  Making a subtle distinction between BNSF and UPRR strategy when asked about West Coast Port issues.  Clip currently available on CNBC website.  

sphogger

Was funny when she answered a question from Becky with "yes ma'am".

Seems Katie had a proper Texas upbringing.

Yes I'm sure Katie is most polite and resectful but you have to remember that Ms. Quick is the Queen of CNBC and
should be respected as such.

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Everyone should respect everyone is how we were taught, and it's worked for me these 84 years...

Bill Deaver
Tehachapi, CA

It's probably a really good idea to not upset the person interviewing you, especially on a business channel, since they can make your stock rise or sink with just a phrase or two.

Especially since Ms. Quick is Warren's favorite interviewer. I'm sure the interview was set up by a phone call from the
nice man who owns BNSF.

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Edited 1 time(s). Last edit at 09/25/20 16:30 by callum_out.

https://www.cnbc.com/video/2020/09/25/bnsf-railway-incoming-ceo-on-impact-of-the-pandemic-on-the-rail-industry.html

As BNSF is not traded it's rarely spoken of on CNBC except in the context of Buffett dealings. Also they give a lot of time
to Lance Fritz and I'm sure Buffett is tired of hearing from his Omaha neighbor.

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WrongWayMurphy Wrote:
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> Was funny when she answered a question from Becky
> with "yes ma'am".
>
> Seems Katie had a proper Texas upbringing.

That was right at the end, but for most of the interview, Katie addressed her as "Becky." The question was whether BNSF was able to find profit from the low margin intermodal business ("yes ma'am").
 

callum_out Wrote:
-------------------------------------------------------
> As BNSF is not traded it's rarely spoken of on
> CNBC except in the context of Buffett dealings.
> Also they give a lot of time
> to Lance Fritz and I'm sure Buffett is tired of
> hearing from his Omaha neighbor.
>
> Out 

I think it's simpler than that. CNBC probably wanted the incoming CEO to get some press time, and this was the appropriate time to do so. I've watched some hardball questions from Becky Quick directed toward Warren Buffett before, and Katie basically dodged any controversy when Ms. Quick tried to get her to make comparisons with UP.

I guess it's up to Trainorders to make mockery of PSR. :-)



Edited 1 time(s). Last edit at 09/25/20 20:18 by cchan006.

UP doesn't need our help.

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callum_out Wrote:
-------------------------------------------------------
> Yes I'm sure Katie is most polite and resectful
> but you have to remember that Ms. Quick is the
> Queen of CNBC and
> should be respected as such.
>
> Out 

Well, Kelly Wells and Sara Eisen mightcontest that.  It sounds like an interesting interview.  I'll have to check it out.  (Was on waaaaay ro early in the morning for me to catch live.)

Nick Tharalson,
Marion, IA

Mr Buffett has also been interviewed occasionally by Fox's Liz Claman, and MSNBC Stephanie Ruhle.

Posted from Android

True but his one hour sitdowns have been with Ms. Quick.

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