Stay away from the company if the accounting looks suspicious and accounting can offer you a lot of insight into the character of management.
[Full Videos of Berkshire Hathaway Annual Meeting 1995]
[ABOUT - Collection: Warren Buffett]
Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :)
[My 2 Cents]
Accounting is easy but, there are some people like to make it complicated.
*like your lecturer*