In 2016, Warren Buffett pay 32 B to buy aero parts supplier, Precision Catspart. At that time, the valuation for the maker of jet components is around 22 earnings multiple (P/E ratio = 22). In 2021, The Oracle says it is too much – too expensive. Here in Warren Buffett Investing Analysis, we try to look closer at that decision.
Continue reading “Warren Buffett Investing Analysis: Mistakes”Aero Industry Business Advantage: Moat In The Sky
Is Aero Industry Business Advantage exist? Seven years ago, at the Berkshire Hathaway annual meeting, Warren Buffett said, “the airline industry is a death trap for investors”.
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