depreciation

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Oct 30, 2023 by Charlie Munger · across every show →

Everything said about depreciation, oldest first

Oct 30, 2023 negative

Insight

Munger claims excluding depreciation from earnings via EBITDA is lying about profits

“You got a big truck company and Take the depreciation out of the trucks, out of the earnings. You're ever lying about the earnings.”

Charlie Munger Oct 30, 2023 ▶ 1:00:36 Charlie Munger (Audio) · Acquired

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depreciation

Everything said about depreciation, oldest first

Turn any episode into a week of clips.