2min snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP522: Unconventional Wisdom From The Greatest Minds In Investing w/ Joseph Shaposhnik

We Study Billionaires - The Investor’s Podcast Network

NOTE

Where Did Buffett Go Wrong With Precision Cast Parts?

Berkshire Hathaway made a mistake buying precision cast parts company TSM./nThe competitive dynamics were deteriorating before the deal was announced and had been deteriorating for quite a long period of time./nIt's important to assess the competitive position of a company carefully before making a decision.

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