"Furthermore, we do not think so-called EBITDA (earnings be… - Warren Buffett

"Furthermore, we do not think so-called EBITDA (earnings before interest, taxes, depreciation and amortization) is a meaningful measure of performance. Managements that dismiss the importance of depreciation - and emphasize "cash flow" or EBITDA - are apt to make faulty decisions, and you should keep that in mind as you make your own investment decisions,"

Warren Buffett

The Essays of Warren Buffett : Lessons for Corporate America · April 11, 2001 Verified in 1 source Sign up to see the complete provenance

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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.

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Also Known As

Also Known As: The Oracle of Omaha

Alternative Names: Warren Edward Buffett

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Peter Lynch Robert Kiyosaki Morgan Housel Charlie Munger Benjamin Graham

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"Furthermore, we do not think so-called EBITDA (earnings before interest, taxes, depreciation and amortization) is a meaningful measure of performanc… - Warren Buffett

About Warren Buffett

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Additional quotes by Warren Buffett