Share this sentence
— Warren Buffett"I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years."
Related information
Discover more quotes
Previous Quote
I call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they make their money, that's usually for a reason.
— James Chanos
Next Quote
Since those don’t hit financial reports, the opportunities you had but didn’t accept, most people don’t bother thinking about them very much. At least that is a mistake we don’t make. We rub our own noses in our mistakes in blowing opportunities, as we just did.
— Charlie Munger
Loading recommended content...