# 202308141155 — Q "**We feel that you, as owners, are entitled to the same sort of reporting by your managers as we feel is owed to us at [[Berkshire Hathaway]] by managers of our business units**. Obviously, the degree of detail must be different, particularly where information would be useful to a business competitor or the like. But the **general scope, balance, and level of candor should be similar**. We don't expect a public relations document when our operating managers tell us what is going on, and we don't feel you should receive such a document." ([Location 635](https://readwise.io/to_kindle?action=open&asin=B01J2SLA5O&location=635)) *** **Tags** — [[quotes]], , [[financial-reporting]], [[investor-relations]], [[culture]], **See Also** -- [[Warren Buffett]], [[Charlie Munger]] **Source** — [[202308141129 — B — The Essays of Warren Buffett]]