Warren Buffett: Investors Need To Understand The “Mathematical Relationship”

The easiest and most straightforward way to understand a company's current financial position is to look at its historical performance, that's according to Warren Buffett and Charlie Munger who made these comments when they were discussing their thoughts on economics and accounting at the 1995 Berkshire Hathaway annual meeting of shareholders.

Q1 hedge fund letters, conference, scoops etc

An audience member asked the duo if they could help him identify some books to read to help him become a better investor and gain a better understanding of the math behind complex accounting.

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