2min chapter

ACQ2 by Acquired cover image

The Outsiders Book Club Discussion with author Will Thorndike

ACQ2 by Acquired

CHAPTER

Repurchase Your Shares - The Largest Acquisition Ever by Buffet

The largest acquisition that berkshire's ever made, as a percentage of its enterprise value, is general r reinsurance company that it bought 98 it paid for the whole thing with stock. Buffet's famous for not using stock. Singleton did it the first part of his career as a story of him buying companies et, you know, ten times earnings, while issuing stock at 25 to 50 times earnings.

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