ClaimsWarren Buffett

“What will take us out of this is people like these 23 people that-- that we gave a diploma to today.”

Warren Buffett, Berkshire chairman 23 September 2010 CNBC Transcript: Becky Quick speaks with Warren Buffett (CNBC) archived copy

Prediction Economics and markets

People like the 23 people who were given a diploma that day, and big business, will take "us" out of "this", the situation the surrounding remarks discuss.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

Reasoning

Causal attribution of the recovery to entrepreneurs and big business is vague and can't be tested.

Cite this claim

Warren Buffett, “People like the 23 people who were given a diploma that day, and big business, will take "us" out of "this", the situation the surrounding remarks discuss.” (said 23 September 2010). Verdict: unresolvable. Reliability API, claim c_0a16e32c7ef1, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_0a16e32c7ef1

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Warren Buffett, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More prediction claims by Warren Buffett

  1. Mostly true Prediction 27 February 2017
    “And I think they will end up going for something not as dramatic as they might even like to do because they simply don't want to spend the time and the political capital getting it done.”

    Buffett said he thinks those in control will end up going for a less dramatic tax change than they might like, because they don't want to spend the time and political capital getting it done.

  2. Resolved true Prediction 23 September 2010
    “we will get out of it.”

    The US economy will eventually get out of the recession, though not for a while.

  3. Resolved true Prediction 23 September 2010
    “I don’t think they’ll end up being passed for no one.”

    Buffett said he did not think the expiring tax cuts would end up being extended for no one, i.e. he expected some to be extended.

  4. Mostly true Prediction 2007
    “Nevertheless, this operation faces unrelenting pressures that will cause profit margins to slide.”

    Unrelenting pressures will cause the Buffalo News's profit margins to slide.

  5. Resolved true Prediction 2007
    “A decade from now, HomeServices will almost certainly be much larger.”

    HomeServices will almost certainly be much larger a decade from 2007.

All of them

Verdicts are made automatically; how verdicts are made.