Accounting Is the Language of Business

(April 10, 2013) Warren Buffett said that “you have to learn accounting. It is the language of the business. If you don’t know accounting, it is like being in a foreign country without knowing the language.” Fundamental knowledge of business statements makes Warren Buffett to make deals without even meeting the people on the other end at Berkshire Hathaway. Warren Buffett provided an example of how Berkshire Hathaway brought Clayton Home for $1.7 billion.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: