John Hempton finds a nugget in the Buffett letter - Berkshire's (BRK.A) 2002 purchase of ag...

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

John Hempton finds a nugget in the Buffett letter - Berkshire's (BRK.A) 2002 purchase of ag equipment maker CTB. The $139M buy has - in just a decade - distributed back to Berkshire far more than the acquisition cost, and continues to earn annually an amount roughly equal to the purchase price. All it takes is a few real good decisions.