ClaimsWarren Buffett

“Our partners in ownership of MidAmerican are Walter Scott, and its two terrific managers, Dave Sokol and Greg Abel.”

Warren Buffett, Berkshire chairman 2007 Berkshire Hathaway 2006 Letter to Shareholders (Berkshire Hathaway) archived copy

Factual Their own work or organisation

Berkshire's partners in owning MidAmerican Energy are Walter Scott, Dave Sokol and Greg Abel.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

The second judge would not resolve this claim; the verdict shown is the first judge's.

The evidence is the person's or their organisation's own records.

Said for an organisation they lead or work for; it counts on both records.

What would count as true or false

Judge against MidAmerican Energy Holdings' ownership as of 2007 (the 2006 shareholder letter or another Berkshire 2007 statement). True: Berkshire's filings or annual report show that the owners of MidAmerican besides Berkshire were Walter Scott (including his family or affiliates), David Sokol and Greg Abel, and no other significant owner. Mostly true: those three were the partners, but a minor holder was also present. Mixed: only some of the named people were owners, or another major owner is left out. Mostly false: only one of the three named people was an owner. False: none of the named people were co-owners at the time.

Set before the research began.

Evidence (3)

  1. E1 eco-moat-ai/markdown/buffett-letter-2007.md at main · juliuschun/eco-moat-ai GitHub (third-party repository juliuschun/eco-moat-ai) Own record

    “Berkshire has an 87.4% (diluted) interest in MidAmerican Energy Holdings, which owns a wide variety of utility operations.”
  2. E2 Microsoft PowerPoint - Final Investor Presentation - Compatibility Mode Berkshire Hathaway Energy (MidAmerican Energy Holdings) · 2 November 2007 Own record

    “Walter Scott David Sokol Greg Abel 10.8% 1.6% 1.0% 86.6%(1) 13.4%(1)”
  3. E3 [PDF] 2007ltr.pdf - BERKSHIRE HATHAWAY INC. Berkshire Hathaway Inc. Own record

    “Berkshire has an 87.4% (diluted) interest in MidAmerican Energy Holdings”

Reasoning

MidAmerican's November 2007 investor presentation (E3) lists Walter Scott at 10.8%, David Sokol at 1.6% and Greg Abel at 1.0%. Those three add up to exactly 13.4%, the stated remainder beside 86.6%, so no other owner holds a share. Berkshire's letters (E2, E5) put its diluted interest at 87.4%, which differs from the 86.6% shown on the November 2007 slide [E3]; the material does not explain the difference. Both sources come from the subject's own records, and E3 does not label the percentages in words, but together they support the claim.

Cite this claim

Warren Buffett, “Berkshire's partners in owning MidAmerican Energy are Walter Scott, Dave Sokol and Greg Abel.” (said 2007). Verdict: resolved true. Reliability API, claim c_1579aec3ec85, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_1579aec3ec85

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).

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All of them

Verdicts are made automatically; how verdicts are made.