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accounting quotes

English (3)

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“In the long run, managements stressing accounting appearance over economic substance usually achieve little of either.” Warren Buffett, The Essays of Warren Buffett
“It’s simply to say that managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.” Warren Buffett, The Essays of Warren Buffett

Related topics

economy investment valuation management

Related sources

The Essays of Warren Buffett (2)