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Warren Buffett: Managements Are “Not The Best Reporting Parties”

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Rupert Hargreaves
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The best way to understand a company is to study its financial reports, know everything there is to know about the sector, and don't pay too much attention to what management says.

Q3 2019 hedge fund letters, conferences and more

Warren Buffett, American business magnate, investor, philanthropist, most successful investors, BRK, Berkshire Hathaway, Warren Buffet, geographic location, high entry barriers, new , moats, Michael Porter, value investing, growth investing, business models

That's what Warren Buffett told one shareholder at the 2003 Berkshire Hathaway annual meeting, who asked The Oracle of Omaha to give some insight into how he goes about evaluating businesses.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha