"Accounting consequences do not influence our operating or……" — Warren Buffett
"Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable."
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Warren Buffett
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More Accounting Quotes
This quote is filed under Accounting Quotes,
one of 139 quotes in that category. Here are a few more:
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In the old days, you would have one lawyer to handle everything: speeding tickets, buying a house, contracts, litigation, real…
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If you want an accounting of your worth, count your friends.
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Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies…
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All that Lenin learned about business from the tales of his comrades who occasionally sat in business offices was that…
— Ludwig von Mises
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By their victory, the 3rd, 4th and 5th Marine Divisions and other units of the Fifth Amphibious Corps have made…
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Some of the scientists, I believe, haven't they been changing their opinion a little bit on global warming? There's a…
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The religious hypothesis, therefore, must be considered only as a particular method of accounting for the visible phenomena of the…
— David Hume
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Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that…
— Akira Mori
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You have to know accounting. It's the language of practical business life. It was a very useful thing to deliver…
— Charlie Munger
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Mathematics is less related to accounting than it is to philosophy.
— Leonard Adleman
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I don't know about technology and I don't know about finance and accounting.
— Bernard Ebbers
See all 139 Accounting Quotes »