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398- Four Buckets

InvestED: The Rule #1 Investing Podcast

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Why Do You Use E-Bada?

E-bada is an accounting term for hiding problems with a company. It's used by scoundrels who don't want you to really know how badly they're doing, Daniel says. Charlie Munger and Warren Buffett use e-bada in their business dealings. "It's kind of what financial is," Daniel says.

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