BMGT 440 Lecture Notes - Lecture 7: Berkshire Hathaway, Warren Buffett, Ed Cooley
11 Oct 2018
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After inheriting 500 shares of precision castparts, daniel anderson decided to purchase the company in its entirety. However, before making any decisions, daniel has to analyze pcc"s financials in order to answer a few questions. Or should he keep investing in pcc by taking proceeds of the sale and invest in. Precision castparts is an international manufacturer of metal products used by aerospace, power, and general industry companies. It is one of the leading manufacturer of large metal castings, airfoil castings, and created components of the aerospace structures. After expansion, it is now classified as a fortune 500 company. Ceo ed cooley worked his way up to the top from a shop position. He pushed pcc to grow its product offering to offer larger castings that would put. Pcc in the running for a bid with the air force. After going public in 1968, pcc issued 120,000 shares with over 1,000 shareholders.
