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The Economist Book of Business Quotations by Bill Ridgers

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“Accountants and accountancy

When you make a mistake of adding the date to the right side of the accounting statement, you must add it to the left side too.

Anon

The term “earnings” has a precise ring to it. And when an earnings figure is accompanied by an unqualified auditor’s certificate, a naive reader might think it comparable in certitude to pi, calculated to dozens of decimal places. In reality, however, earnings can be as pliable as putty when a charlatan heads the company reporting them.

Warren Buffett, investor (1930–), letter to shareholders of Berkshire Hathaway

Mr Anchovy, but you see your report here says that you are an extremely dull person. You see, our experts describe you as an appallingly dull fellow, unimaginative, timid, ...

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