Finance
How Warren Buffett's 'big error' may finally be paying off after a decade
Warren Buffett’s $37 billion acquisition of Precision Castparts, once acknowledged as an expensive mistake, may finally be paying off. Supply shortages and GE Aerospace’s rival acquisition have reportedly lifted Precision Castparts’ value to about $100 billion.
How Warren Buffett's 'big error' may finally be paying off after a decade
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What Happened
Warren Buffett’s $37 billion acquisition of Precision Castparts, once acknowledged as an expensive mistake, may finally be paying off. Supply shortages and GE Aerospace’s rival acquisition have reportedly lifted Precision Castparts’ value to about $100 billion.
Key Details
Original reporting provided by Economic Times Markets.
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