By Jonathan Stempel (Reuters) – 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 […]
This post first appeared on Global Banking And Finance Review Magazine – Fin, please read the originial post: here
