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“In the long run, of course, trouble awaits managements that paper over operating problems with accounting maneuvers. Eventually, managements of this kind achieve the same result as the seriously-ill patient who tells his doctor: ‘I can't afford the operation, but would you accept a small payment to touch up the x-rays?’ ”
Gems from Warren Buffett: Wit and Wisdom from 34 Years of Letters to Shareholders
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