ClaimsWarren Buffett

“I have known the details of almost every policy that Ajit has written since he came with us in 1986, and never on even a single occasion have I seen him break any of our three underwriting rules.”

Warren Buffett, chairman, in shareholder letter 28 February 2002 Chairman's Letter (2001) (Berkshire Hathaway) archived copy

Factual Their own work or organisation

Since Ajit Jain joined Berkshire in 1986, Buffett has known the details of almost every policy he wrote and never saw him break any of Berkshire's three underwriting rules.

Own records only Only the person's or their organisation's own records speak to it, so it is not scored.

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

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

Reasoning

Buffett's personal knowledge of policies and what he observed can't be checked in any public record.

Cite this claim

Warren Buffett, “Since Ajit Jain joined Berkshire in 1986, Buffett has known the details of almost every policy he wrote and never saw him break any of Berkshire's three underwriting rules.” (said 28 February 2002). Verdict: own records only. Reliability API, claim c_3267a0f62018, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_3267a0f62018

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 factual claims by Warren Buffett

  1. Resolved true Factual 18 September 2026
    “Howard has been a Berkshire Director for 33 years.”

    Howard Buffett has been a Berkshire director for 33 years.

  2. Resolved true Factual 18 September 2026
    “My son, Howard, will succeed me as Chairman.”

    Howard Buffett succeeds Warren Buffett as Berkshire's Chairman.

  3. Resolved true Factual 18 September 2026
    “I have served Berkshire since 1965.”

    Warren Buffett has served Berkshire since 1965.

  4. Mostly true Factual 2025
    “She and her CNBC crew do a great job of both transmitting our meetings worldwide and archiving much Berkshire-related material.”

    Becky Quick and her CNBC crew transmit Berkshire's meetings worldwide and archive much Berkshire-related material.

  5. Resolved true Factual 2025
    “I was lucky enough to get an education at three fine universities.”

    Warren Buffett received an education at three universities.

All of them

Verdicts are made automatically; how verdicts are made.