Economic Goodwill vs Accounting Goodwill: What Warren Buffett Says

The next lesson that Buffett teaches us in his book, ‘The Essays of Warren Buffett,’ is the difference between economic goodwill and accounting goodwill.  You might vaguely remember these terms from a previous accounting class or maybe they’re brand new concepts to you, but either way, let’s first define them so that we can all […]

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