Warren Buffett’s $10 Billion Mistake Precision Castparts
about 3 years in theepochtimes
Warren Buffett makes mistakes too. The 90-year-old billionaire on Saturday admitted he “paid too much” when his Berkshire Hathaway Inc. spent $32.1 billion in 2016 to buy aircraft and industrial parts maker Precision Castparts Corp., its largest acquisition. Berkshire wrote off $9.8 billion of Precision’s value last August, as the coronavirus pandemic sapped demand for […]
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