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Why Warren Buffett and Charlie Munger don't like EBITDA as an earnings metric

Summary by Times of India
As Q1 earnings dominate investor focus, Warren Buffett and Charlie Munger's criticism of EBITDA is back in the spotlight. Buffett called it a tool to mislead investors, while Munger famously dubbed it "bullshit earnings", arguing that ignoring depreciation and other real costs distorts a company's true financial health.

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Times of India broke the news in India on Wednesday, July 22, 2026.
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