operating earnings plus depreciation and amortization less normalized capital expenditures — was adequate to cover both interest and modest reduction… - Warren Buffett

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operating earnings plus depreciation and amortization less normalized capital expenditures — was adequate to cover both interest and modest reductions in debt.

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About Warren Buffett

Warren Edward Buffett (born 30 August 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $113 billion as of June 2022, making him the world's fifth-wealthiest person.

Biography information from Wikiquote

Also Known As

Also Known As: The Oracle of Omaha
Alternative Names: Warren Edward Buffett
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