Warren Buffett: Why Investors Should Ignore Wall Street Projections | The Acquirer's Multiple®
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Warren Buffett: Why Investors Should Ignore Wall Street Projections | The Acquirer's Multiple®
At the 2011 Berkshire Hathaway Annual Meeting, Warren Buffett and Charlie Munger reminded everyone why they’re value investing legends. In their signature no-nonsense style, they talked about what really matters when evaluating a business—and it’s not the slick projections investment bankers love to push. Buffett put it plainly when asked about forecasting growth: “Growth is part of the investment equation, and obviously, we love profitable grow…
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