CNBC September 12, 2026 • 13:20

Buffett's confidence in troubled decade-old acquisition finally pays off - CNBC

By Alex Crippen

Buffett's confidence in troubled decade-old acquisition finally pays off - CNBC

Warren Buffett has said he paid too much for Precision Castparts in 2016. Now its complex metal castings are in high demand.

AUDIENCE MEMBER: I know you lost a lot of money as a result of 9/11. But I would like to know how 9/11 changed your life and your investment strategy?
WARREN BUFFETT: It made everybody, I think, in … [+2900 chars]

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