Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2019-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Earnings of Precision, I'm a Little Bit as Quite Correct.

My expectation is that the earnings of precision will improve fairly significantly. You're probably a little bit as quite correct. I mean, they are below what we projected a few years ago. But my expectation is based on the contracts we have and the fact that initial years in anything in any industry tend to be less profitable than volume.

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