Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2018-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Long Term Outlook for Precision Acquisitions

Two years after the acquisition, what is your updated outlook for that business longer term? Well, longer term, and in the reasonably shorter term. It's a very, very good business. One thing you will see their earnings charged with is about $400 million, a little over $400 million a year of intangible assets.

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