Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors cover image

Book: “The Essays of Warren Buffett” by Lawrence Cunningham | Episode #165 (Part 1 of 2)

Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors

CHAPTER

Accounting as Opinion and Building Businesses

In this chapter, Warren Buffett and Charlie Munger discuss their unique perspective on accounting and their focus on building businesses. They highlight the types of acquisitions that generate value but may not be reportable as bottom line profit, and emphasize their long-term perspective and focus on generating deep value for the business and shareholders.

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