Is This a Fraud or a Fraud?

The quality of the accounting was apparent in the earlier days, just simple, easy to understand. He comes right out and explicitly says, you know, our profits are actually reported too high. So there's again, these little qualitative things that happen just over a time that really show you quality of the manager. But I would like to think that if I were paying attention in the mid 1980s as an infant or toddler, I would have picked up Berkshire Hathaway shares.