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.


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