Why Warren Buffett Thinks Berkshire Hathaway's Earnings Figures Are 'Worse Than Useless'
Monday, 11 March 2024, 10:22
Why Buffett dislikes Berkshire's earnings numbers
Warren Buffett criticizes Berkshire's GAAP earnings that include unrealized capital gains and losses as 'worse than useless' for assessing performance.
The metric Buffett recommends investors watch
Buffett highlights the importance of focusing on operating earnings to gauge Berkshire's real performance without the volatility of unrealized gains and losses.
What about companies other than Berkshire?
Discover why other companies with large investment portfolios might face the same challenges with GAAP earnings and Buffett's advice on evaluating businesses beyond the traditional metric.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.