No. of Recommendations: 3
Just seeing the FT article on PCP published today. Extract below. Interestingly FT is implying they spoke to Buffett. Doubt that. But probably spoke to someone at HQ. He is ready for a question on PCP it seems at the AGM.
“Buffett told the Financial Times he believed questions over CAMs and Precision Castparts were better addressed at the company’s annual meeting in May. “I hope the questions about Precision Castparts get asked at the annual meeting,” he said in response to the FT.
Precision Castparts remains one of the largest takeovers Buffett has struck, surpassed only by his takeover of the Burlington Northern Santa Fe railroad, according to data from LSEG.”
