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1995 Annual Meeting

"Look twice at companies" with confusing accounting

Warren Buffett and Charlie Munger say if you can't understand a company's accounting, stay away.

Mon, May 1 1995 • 1:00 PM EDT
More From 1995 Annual Meeting
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VIDEO05:03
1995 Annual Meeting Highlight Reel
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VIDEO02:23:32
Morning Session - 1995 Meeting
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VIDEO02:18:29
Afternoon Session - 1995 Meeting
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VIDEO03:42
How Buffett acquired Helzberg's Diamonds
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VIDEO03:34
Why are Buffett's family members on the board?
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VIDEO02:19
“It’s not that complicated to figure out where it makes sense to put money”
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VIDEO02:48
"I think Salomon's going to be around for a long time"
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VIDEO01:38
Why shareholders aren't given video of Berkshire meetings
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VIDEO03:08
Munger: An "idiot" could successfully run Berkshire
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VIDEO02:49
Buffett prefers "obvious" business decisions
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VIDEO02:05
"Most moats aren't worth a damn"
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VIDEO02:21
Why Buffett and Munger don't trust financial projections
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VIDEO01:17
Buffett and Munger on "the first threshold question"
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VIDEO01:55
Rich people can get "antagonistic" toward others
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VIDEO02:19
Newspapers "still making exceptional money"