Positive impactOrders & Deals
How Warren Buffett's 'big error' may finally be paying off after a decade
Economic Times 1 hr ago·13 Sept 2026, 9:59 am
Warren Buffett's Berkshire Hathaway paid a premium to buy Precision Castparts a decade ago, a deal the 'Oracle of Omaha' later admitted was expensive. However, the company has now become a major supplier to GE Aerospace, a critical player in the global aviation industry. Recent reports suggest the company's value has surged, potentially validating Buffett's long-term patience.
For investors, this highlights the power of holding quality assets through market cycles. It demonstrates that a strategic stake in a key industrial supplier can generate significant wealth over time, even if the entry price was high. The move underscores the importance of understanding the long-term value of a business's core relationships.
Investors should watch the broader aerospace and defense sectors for similar opportunities. The success of this deal suggests that companies with strong supply chain ties to major manufacturers may continue to outperform, offering stability and growth potential in the current market environment.
Key takeaways
- Category: Orders & Deals.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
