Mark-to-Market Debate: Warren Buffet on Mark-to-Market

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Uploaded by on Mar 11, 2009

Warren Buffet on CNBC comments on Mark-to-Market

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  • @ETrain12 People like Warren Buffet make money off the market being wrong. e.g. By buying undervalued assets.

  • Who is anyone, even Warren Buffet, to say that the market is wrong? All mark-to-market accounting does is let the CEOs lie about their assets in order to make the stock price look good. Get rid of it. Or don't buy the stock of companys who use it...

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