Charlie Munger: EY Can't Tell Its Ass From a Hole in the Ground
Back in June, Warren Buffett's BFF Charlie Munger canned EY, who were happily auditing his Daily Journal Corp, in favor of BDO. Now, we're sure this had absolutely nothing to do with the fact that EY expressed an adverse opinion on DJCO's internal controls when last these two ships passed in the night....
...“They were like the doctor who wanted to cure the nosebleed by fishing around in the groin,” Munger, 90, said today at the annual meeting of the publishing company in Los Angeles. Munger, who is best known as Warren Buffett’s partner at Berkshire Hathaway Inc., is also chairman of Daily Journal....MORE
