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To: Knighty Tin who wrote (240042)5/11/2003 11:35:38 PM
From: Night Trader  Read Replies (1) | Respond to of 436258
 
A couple of good quotes from Berkshire Hathaway's AGM:

From Buffet

"I don't read any analyst reports.If I read one, it's because the funny pages weren't available. I don't know why anyone does it."

And from Munger

"I think that, every time you see the word EBITDA [earnings], you should substitute the word 'bullshit'
earnings."