Famous investor Warren Buffett took advantage of loss carryforwards with his purchase of Berkshire Hathaway in 1965, and today investors can use knowledge of NOLs deductions to identify companies that are poised to unlock higher free cash flows in upcoming years.

Berkshire synonymous with great wealth and success, and it all started with some shrewd investment and “extraction” of early cash flows partly through net operating loss carryforwards.

“And it turns out that the 1964 balance sheet was in effect missing an important hidden financial asset in terms of available past losses that could be used to eliminate substantial future income taxes. Subsequently, Berkshire did make substantial profits in 1965 and 1966 that benefited greatly from a lack of income taxes.”

In the years to follow, Berkshire posted great earnings. In 1965, the first year since purchase, Berkshire posted around a $4.00 EPS with zero income tax paid!

This is why BBBY / DK Butterfly makes shills on Superstonk seethe. Ryan Cohen challenged Warren Buffett to a thumb war. He's going to get the GME holding company started by acquiring BBBY / DK Butterfly to take advantage of the billions of dollars in NOLs, just as Warren Buffet did when he got started. Again, in order to do so, previous shareholders must be preserved.

Gameshire Bathaway will be born soon and we're gonna WAGMI so hard.

New World Order has been replaced.

All aboard the New WAGMI Order. Choo, choo.

You will own shares in the greatest company of all time.