Post by
stockitnow on May 07, 2024 8:02am
Berkshire Hathaway buying?
Berkshire Hathaway owns Netjet, and Precision Castparts which supplies components to many aeropsace companies. W.B. has commented that he wants to invest in Canada. Has he start buying bbd? W.B. is known to buy or sell and then go public.
W.B. known the demand for bizz jet as he sees it first hand with Netjet, and future sales on demand from Precision Castparts. Just an assumption.
Comment by
Thebomber2023 on May 07, 2024 8:37am
Warren Buffett's $10 billion mistake: Precision Castparts WB admitted he "paid too much" Warren Buffett's $10 billion mistake: Precision Castparts | Reuters
Comment by
stockitnow on May 07, 2024 8:44am
Your link is 3 years old, and for a transaction that was done in 2016. We are in a market where demand is high and supply can't keep up. Not the same as 2021.
Comment by
Thebomber2023 on May 07, 2024 8:53am
My point is that WB sometimes pays too much for the acquisition of a business.
Comment by
stock4life48 on May 07, 2024 1:57pm
WB doesn't have a 100% perfect track record in his investments, no one does. I certainly didn't get 100% on every test I took. The point is he wins far more than he loses. What his track record is exactly, no one knows, but I will certainly guess 90% plus
Comment by
Mauserintime945 on May 07, 2024 3:43pm
Look at the value of BRK-A https://finance.yahoo.com/quote/BRK-A/
Comment by
Truthifest on May 08, 2024 7:45am
That would be awesome, but I'm guessing Bomber is too small to interest Buffett. Perhaps CP? He already owns a railroad headquartered in the US, so knows and likes the industry.