Precision Cast Parts: The Second Largest Acquisition Berkshire Has Ever Made?

Berkshire Hathaway has made two acquisitions in the aircraft field. The amortization of intangibles is the only big purchase price adjustment that negatively impacted precision earnings in 2016, as was the case with Van Tyle in 2015. "I don't think you have to worry about aircrafts being manufactured," says Berkshire CEO Warren Buffett.