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Actually, I believe that Warren Buffet bloke also uses financial...

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madamswer

16,402 Posts.

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12/01/24

13:33

Post #: 71850460
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Originally posted by madamswer ↑

"Do you acknowledge that the profits reported by the duopoly when the under payments to staff were revealed were wrong? Yes or No will do thanks?"

Yes.

0.001% of the numbers in financial reports are not a true and accurate reflection of things.
99.99% of them are a true and accurate reflection of things.

I happily accept, and live with, that degree of accuracy.

As do with the likes of the dumb Graeme Samuel and Rod Sims.
Along with the vast array of dumb participants in global financial markets, stewarding hundreds of billions of dollars of capital.

Because of the extraordinarily low error margin inherent in audited financial statements, my lived experience is that taking my cues from them has brought me a level financial independence beyond my wildest expectations.

If that's dumbness, would that a lot more people become dumb in such a manner.

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Actually, I believe that Warren Buffet bloke also uses financial reports to inform himself.
Sooooo very dumb.

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