The massive acquisition that legendary investor Warren Buffett regretted paying too much for years ago has turned into one of Berkshire Hathaway's most valuable investments. Precision Castparts, acquired in 2016 for $37.2 billion, which subsequently cost Berkshire $11 billion, has now reached a valuation of $100 billion thanks to strong demand from the aerospace and AI data centers.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
The massive acquisition that legendary investor Warren Buffett regretted paying too much for years ago has turned into one of Berkshire Hathaway's most valuable investments. Precision Castparts, acquired in 2016 for $37.2 billion, which subsequently cost Berkshire $11 billion, has now reached a valuation of $100 billion thanks to strong demand from the aerospace and AI data centers.