Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label write down. Show all posts

Friday, 30 December 2022

You must predict the future, yet the future is not reliably predictable.

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The difficulty of predicting the future even a few years ahead. An unresolvable contradiction exists: to perform present value analysis, yo...

Wednesday, 13 January 2016

What are provisions in accounting?

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A provision is accounting for a future expected loss. Some examples of provisions are: Car companies will establish a warranty provis...

Sunday, 5 February 2012

Taking a Hit - Accounting Write Off or Write Down

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Corporate accountants write off or write down items under several sets of circumstances. They may write a debt off the books that they are...

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