Thread by @Arthavruksha11

"Charlie and I Encourage Bolt-on's and will we do many in future"- Warren Buffett. (1/5)
Let's understand what does bolt on acquisition means in this thread.

#warrenbuffett #boltonacquisiton #investing #acquistion

Let's understand what are Bolt-on Acquisition with a example, Lets take a scenario that you run a business that rents people
halls for different occasions like weddings, birthdays, Office ceremonies etc. (2/5)

Now you have all property with you and you are doing great business but you find that every occasion like birthday and wedding involves use of food and that is where your major costs goes into.(3/5)

Hence to solve this problem you acquire a business that will make food for your halls guest on every occasions. This acquisition will take care of all food related needs of your guests.(4/5)

Now this acquisition is called Bolt-On Acquisition. Hope you liked it

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#business #acquistion #boltonacquisiton #warrenbuffett #investing #finance #Arthavruksha #example (5/5)

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