Kevin Carpenter(@kejca):Warren Buffett: "We assume that we'll be around forever. In our insurance business, we assume we're going to be here to pay every claim." "There wouldn't be any sense playing games on [our] accounting because it would catch up with us later on." "In many businesses, I don't think they have quite the same horizon on things. Many companies are thinking about what kind of little pictures they can paint for the next four quarters or so."

Kevin Carpenter

@kejca

Kingswell || A little uncommon sense from Warren Buffett, Charlie Munger, and other legendary thinkers

Joined April 2012

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Kevin Carpenter@kejca

2026.06.02 14:16

Warren Buffett: "We assume that we'll be around forever. In our insurance business, we assume we're going to be here to pay every claim." "There wouldn't be any sense playing games on [our] accounting because it would catch up with us later on." "In many businesses, I don't think they have quite the same horizon on things. Many companies are thinking about what kind of little pictures they can paint for the next four quarters or so."