Digital Brand Media and Marketing Group Inc (DBMM)

[Gatsby]

Are you comparing the accounting of an investment Company, should I say Buffet investment Company with the accounting of a marketing Company?
Apple and oranges at the best.
Obviously quarterly results of such investment Company will be extremely volatile as it mainly depends of the valuation of its investments. Their assets are valued at end of the quarter and the change in value will determine the theoritical profit/loss (positions are not sold most of the time)

Here their bold comments : "The amount of investment gains/losses in any given quarter is usually meaningless and delivers figures for net
earnings (losses) per share that can be extremely misleading to investors who have little or no knowledge of
accounting rules.
"
You pick up the wrong example to illustrate that quarterly net loss are irrelevant.

When "net earning loss/gains" are irrelevant for a Company :
- never but some specific can explain a one-time loss:
- is there any one time big charges explaining it. I.e. provision for legal proceedings, huge one time amortization of an assets, special conditions, disruption.

Regarding Berkhsire, do you note that YTD they show a 58B profit compare to a 40B loss for the 9M 2022.
Do you thing they "sold" more products, had less charges, new clients ?
Or do you agree that their investment were valued higher end Sept 2023 compare to end Sept 2022 ?