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Buffett bets Precision can deliver long-term as aircraft sales grow

2015-08-11 18:23:26| IT Services - Topix.net

HOUSTON: Warren Buffett's US$32.3 billion deal for Precision Castparts Corp shows his willingness to overlook repeated operational stumbles at the company to place a long-term bet on the growth of global air travel. Buffett usually seeks out companies with strong leadership and earnings metrics.

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