Scott Fetzer at 40: The Textbook Buffett Acquisition cover

Scott Fetzer at 40: The Textbook Buffett Acquisition

Published in Subsidiaries / Manufacturing
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In early 1986, a one-paragraph letter to a Cleveland CEO bought Berkshire a $315 million conglomerate that would route more than a billion dollars back to Omaha in its first fifteen years. Forty years later, Scott Fetzer has been quietly absorbed into Marmon — but the archetype it established still defines what a textbook Buffett deal looks like.