“It’s simply to say that managers and investors alike must understand that accounting numbers is the beginning, not the end, of business valuation.”

—  Warren Buffett

1982 Chairman's Letter http://www.berkshirehathaway.com/letters/1982.html
Letters to Shareholders (1957 - 2012)

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Warren Buffett 146
American business magnate, investor, and philanthropist 1930

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