In Berkshire Hathaway annual reports, Warren Buffet highlights financial tenets that he believes are important. Which of the following is NOT a financial tenet of Warren Buffet?

Question

Quizplus · Accepted Answer

All of the options listed are indeed financial tenets highlighted by Warren Buffet in Berkshire Hathaway's annual reports. He emphasizes the importance of return on equity over earnings per share, the calculation of owner earnings akin to free cash flow after capital expenditures, maintaining high profit margins relative to the industry, and the expectation that a company should create at least one dollar of market value for every dollar retained.

In Berkshire Hathaway Annual Reports, Warren Buffet Highlights Financial Tenets