Settle in friends, it's Uncle Warren's story time. Motley Full Money. I'm Deidra Willard here with Motley Pool

analyst Jason Moser. Welcome to Motley Full Money. I'm Deedra Willard here with Motley Pool analyst

Jason Moser. Jason how's your Monday going so far? Hey,

Dydra going really well. It's beautiful weather here in Northern Virginia so

you know I feel like I feel like maybe spring is just around the poor.

Yeah, I hope so.

Well, over the weekend, Berkshire Hathaway's annual report dropped,

so we've got the task of looking at it.

Interesting report, you know, even if you're not a Berkshire Hathaway investor,

take a look at it. You don't have to read the whole 152 pages. The first 16 will do you.

You know, it was first one without Charlie Munger.

Beautiful to hear him call Charlie,

the architect of Berkshire.

But he also went back on one of the things he loves to talk about, operating earnings

versus net earnings.

So he calls it net income worth than useless.

So he says it doesn't reflect a company's true status. He shows the, you know, the operating

earnings versus the net earnings. I don't know, Jay said. He's talked about it for years. He's right, but it's not

like anybody else is doing the same thing and reporting both or at least not a lot a lot of companies

No, it definitely feels like

It's kind of hit or miss as to how companies will will view this and I mean I

understand that to a degree right I mean not all companies are the same right so

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