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Well, we know Buffet knows what a company's earnings are and has his private projections. One of the way he picks a stock is based on its earnings and potential earnings to price ratio, ie: is the stock "cheap". So, whether a stock is making $.32 or $.33 a quarter he doesn't say, but I bet he has his own estimates based on his research, but probably only on the companies he's interested in.

But yes, your point he isn't what we think of as a typical 'analyst' is correct.



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