Warren Buffett slams dishonest bosses, defends stock buybacks, and nods to inflation and recession risks in his latest shareholder letter. Here are the 8 best quotes.
, blasted company bosses who manipulate earnings to beat Wall Street's forecasts, and nodded to the threats of inflation and recession.
2."The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well." 4."That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. 'Bold imaginative accounting,' as a CEO once described his deception to me, has become one of the shames of capitalism."
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