ClaimsWarren Buffett

“A full fifty years ago, Walter was my sole recommendation to a St. Louis family”

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

Factual Economics and markets

Buffett said in 2007 that, fifty years earlier, Walter was the only investment manager he recommended to a St. Louis family looking for an honest and able investment manager.

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.

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

What would count as true or false

This is a claim about what Buffett said in 2007. True: a 2007 Buffett text (for example the 2006 Berkshire shareholder letter published in early 2007) contains the statement that fifty years earlier Walter (Schloss) was his only recommendation to a St. Louis family wanting an honest, able investment manager. Mostly true: the statement is there but a minor detail differs (the year is 2006 or 2008, the wording is 'about fifty years', or the family is described a little differently). Mixed: Buffett said something similar but a key part differs, such as Walter being one of several people he recommended, or there being no St. Louis family. Mostly false: the anecdote exists but is attributed to a quite different context or date, or to someone other than Walter. False: Buffett's 2007 writings and statements contain no such statement, or they contradict it.

Set before the research began.

Evidence (1)

  1. E1 Walter Schloss — Warren Buffett's Key Figures · Chian Chian (Buffett Letters knowledge base) · 22 September 2026

    “In the 2006 letter, Buffett disclosed something he had rarely mentioned before: a full fifty years earlier, when a St. Louis family asked him for an honest and able investment manager, Walter Schloss was his sole recommendation.”

Reasoning

E2 is an independent knowledge base of Buffett's shareholder letters. It reports that in his 2006 letter (the one the criteria say was published in early 2007), Buffett wrote that fifty years earlier a St. Louis family asked him for an honest and able investment manager, and that Walter Schloss was his sole recommendation. Every element the criteria require is in that account: fifty years, a St. Louis family, an honest and able manager, and Walter as the only recommendation. The verdict rests on this one secondary summary, since the letter itself is not among the evidence. The summary is specific and matches the quoted wording.

Cite this claim

Warren Buffett, “Buffett said in 2007 that, fifty years earlier, Walter was the only investment manager he recommended to a St. Louis family looking for an honest and able investment manager.” (said 2007). Verdict: resolved true. Reliability API, claim c_837f7471c2a2, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_837f7471c2a2

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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  3. Mixed Factual 15 December 2020
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  4. Mostly true Factual 15 December 2020
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  5. Resolved true Factual 15 December 2020
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    The pandemic-induced recession has shut down many people's businesses while others are prospering.

All of them

Verdicts are made automatically; how verdicts are made.