Buffett scorns tricky Wall Street accounting, but defends buybacks

Johnny HopkinsWarren BuffettLeave a Comment

(Image Source, Huffington Post, http://www.huffingtonpost.com/john-g-taft/the-warren-buffett-effect_b_5577685.html, [Accessed 1 Mar, 2017]) One of our favorite investors at The Acquirer’s Multiple is Warren Buffett. I just read a great article on Reuters where Buffett shares his thoughts on two things; corporate America’s misuse of GAAP accounting principles, and share re-purchases. Here’s an excerpt from … Read More

Seth Klarman – Margin of Safety – Trading Sardines and Eating Sardines

Johnny HopkinsSeth KlarmanLeave a Comment

(Image Source, Investopedia, http://www.investopedia.com/news/who-seth-klarman, [Accessed 28 Feb, 2017]) One of our favorite investors here at The Acquirer’s Multiple is Seth Klarman. Klarman wrote one of the best books ever written on investing called Margin of Safety. Such is the popularity of Margin of Safety that at the time of writing there are 12 … Read More