Why Warren Buffett and Charlie Munger don't like EBITDA as an earnings metric
As Q1 earnings dominate investor focus, Warren Buffett and Charlie Munger's criticism of EBITDA is back in the spotlight. Buffett called it a tool to mislead investors, while Munger famously dubbed it "bullshit earnings", arguing that ignoring depreciation and other real costs distorts a company's t
The Bharath News1 min readSource: ET Markets
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As Q1 earnings dominate investor focus, Warren Buffett and Charlie Munger's criticism of EBITDA is back in the spotlight. Buffett called it a tool to mislead investors, while Munger famously dubbed it "bullshit earnings", arguing that ignoring depreciation and other real costs distorts a company's true financial health.
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