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Ep 392. Unlocking Investment Wisdom: Reading for Success, Evaluating Companies, and Essential Financial Concepts for Capital Allocators

Focused Compounding

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The Dangers of Unaudited Financials

With a management I trust, I don't care if they give me unaudited things. "I would rather unaudited financials from management that I'm fine with than audited by the best auditor," he says. Normally, if you're a financial company, then you should be audited by someone who has experience doing that,. If you're an oil company, someone who has experienced doing that, whatever, the auditor should be near for some reason where your business is and stuff.

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