Warren Buffett: Why I hate EBITDA [2002 annual meeting]

Warren Buffett and Charlie Munger about why EBITDA is not useful in valuing companies, because when businesses use EBITDA they often can be frauds and a trap for investors. Warren Buffett and Charlie Munger answer questions from a shareholder at the 2002 Berkshire Hathaway annual meeting. 📈My favorite books: *https://kit.co/investing/investing-books 🏁SUBSCRIBE TO MY CHANNEL 🏁 Brand new to this channel? Subscribe to “Warren Buffett Success” for content focused on investing. 📲 Join the facebook group 📲 https://www.facebook.com/groups/44198... ⭐️ MORE RECOMMENDED VIDEOS FOR YOU ⭐️ If you enjoyed this video, you may enjoy these other videos from Warren Buffett Success: *How Charlie Munger Destroys Fake Gurus in 2 Minutes:    • How Charlie Munger Destroys Fake Gurus in ...   *Warren Buffett I On how to pick Stocks and invest Properly (simple):    • Warren Buffett I On how to pick Stocks and...   --------- Song used: Sapajou - Waiting Room Music provided by Vlog No Copyright Music. Creative Commons - Attribution 3.0 Unported Video Link:    • Sapajou - Waiting Room (Vlog No Copyright ...   --------- ✂️tags✂️ Warren Buffett: Why I hate Ebitda , warren buffett ebitda, charlie munger ebitda, ebitda, is ebitda used, ebitda is a trap, ebitda is for fraud, charlie munger ebitda, warren buffett hates ebitda