1,587 claims · page 16 of 16
| Verdict | Person | Kind | Said | Claim | Topic |
|---|---|---|---|---|---|
| Own records only | Warren Buffett | Factual | 28 Feb 2002 | Borsheim's operates on a gross margin fully twenty percentage points below that of its major rivals. Warren Buffett · Factual · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2002 | Berkshire will have top bridge experts available to play with shareholders in the mall outside Borsheim's on the Sunday afternoon of the 2002 annual meeting. Warren Buffett · Promise · 28 Feb 2002 | Their own work or organisation |
| Resolved true | Warren Buffett | Promise | 28 Feb 2002 | Buffett and Munger will not take cash compensation, restricted stock or option grants that would make their results superior to shareholders'. Warren Buffett · Promise · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2002 | The usual Berkshire shareholder baseball game will be held at Rosenblatt Stadium at 7 p.m. on the Saturday night of the 2002 meeting weekend. Warren Buffett · Promise · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Guidance | 28 Feb 2002 | FlightSafety expects to spend $162 million on 27 simulators in 2002, versus annual depreciation of $95 million. Warren Buffett · Guidance · 28 Feb 2002 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2002 | Buffett concluded that Dexter could keep coping with low-cost foreign competition, and that conclusion was wrong. Warren Buffett · Factual · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2002 | Buffett and Munger predict MiTek will be a winner for all involved. Warren Buffett · Prediction · 28 Feb 2002 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2002 | Berkshire has never purchased a newly-issued junk bond. Warren Buffett · Factual · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2002 | If Berkshire stays active in junk bonds, it will have losses from time to time. Warren Buffett · Prediction · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2002 | Berkshire expects to see opportunities for complementary acquisitions in the future. Warren Buffett · Prediction · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2002 | Gorat's steakhouse will be open exclusively for Berkshire shareholders on Sunday, May 5, 2002, serving from 4 p.m. to 10 p.m. Warren Buffett · Promise · 28 Feb 2002 | Their own work or organisation |
| Unresolvable | Michael Burry | Factual | 6 Jan 2002 | A stock held by the Fund tripled off its lows around the end of the quarter ending September 30, 2001, by late October 2001. Michael Burry · Factual · 6 Jan 2002 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2002 | The Scion Value Fund had about $27 million in capital, and its minimum initial investment for new investors was raised to $500,000. Michael Burry · Factual · 2002 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2002 | During the vast majority of 2001, the Scion Value Fund held no short positions at all. Michael Burry · Factual · 2002 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2002 | The Scion Value Fund's cash position, around 40% for most of Q4 2001, kept it from fully participating in the general price rise across most stock categories. Michael Burry · Factual · 2002 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2002 | Michael Burry invested the majority of his 2001 income back into the Scion Value Fund for a January 1 start. Michael Burry · Factual · 2002 | Their own work or organisation |
| Resolved true | Michael Burry | Factual | 3 Jul 2001 | The Scion Value Fund does not generally offer portfolio transparency to its members. Michael Burry · Factual · 3 Jul 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 3 Jul 2001 | The Scion Value Fund will generally fall less than the market in a bear market. Michael Burry · Prediction · 3 Jul 2001 | Their own work or organisation |
| Mixed | Jeff Bezos | Factual | 2 Apr 2001 | Amazon reached 25 million customers and $2 billion in sales, which it had not expected. Jeff Bezos · Factual · 2 Apr 2001 | Their own work or organisation |
| Mostly true | Jeff Bezos | Factual | 2 Apr 2001 | When Amazon started, it had a hard time raising its first $1 million, then obtained $8 million from venture capital. Jeff Bezos · Factual · 2 Apr 2001 | Their own work or organisation |
| Mostly true | Jeff Bezos | Prediction | 2 Apr 2001 | Amazon's site will have more community features where customers help other customers make purchase decisions. Jeff Bezos · Prediction · 2 Apr 2001 | Their own work or organisation |
| Unresolvable | Jeff Bezos | Prediction | 2 Apr 2001 | Full-motion video will completely transform the online user experience, and Amazon's site will become more customized. Jeff Bezos · Prediction · 2 Apr 2001 | Their own work or organisation |
| Mostly true | Jeff Bezos | Factual | 2 Apr 2001 | Amazon's initial plan was to grow slowly and become profitable quickly. Jeff Bezos · Factual · 2 Apr 2001 | Their own work or organisation |
| Resolved true | Jeff Bezos | Factual | 2 Apr 2001 | Five years earlier, Amazon's website looked so different that there was no comparison with what it was in 2001. Jeff Bezos · Factual · 2 Apr 2001 | Their own work or organisation |
| Mostly true | Jeff Bezos | Factual | 2 Apr 2001 | Amazon expected $100 million in sales in its first five years. Jeff Bezos · Factual · 2 Apr 2001 | Their own work or organisation |
| Own records only | Jeff Bezos | Factual | 2 Apr 2001 | Amazon did not expect to reach its current scale for decades. Jeff Bezos · Factual · 2 Apr 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Factual | 28 Feb 2001 | Berkshire's practice of keeping most shoe production in domestic factories has cost its shoe businesses heavily. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | Over time GEICO will inevitably increase its market share significantly while achieving excellent profits, thanks to its low-cost advantage. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Resolved true | Warren Buffett | Factual | 28 Feb 2001 | GEICO's policyholder growth slowed to a halt as 2000 progressed. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Factual | 28 Feb 2001 | At the 2000 Berkshire meeting weekend baseball game, it took Buffett five pitches to throw anything resembling a strike. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2001 | Berkshire analyzes purchases on an all-equity basis, so its evaluations did not change when LBO operators became less aggressive in 2000. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Prediction | 28 Feb 2001 | Buffett said Berkshire was confident that EJA (NetJets) would remain the world leader in fractional ownership in planes flying, service quality and safety standards. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Factual | 28 Feb 2001 | GEICO's underwriting loss in 2000 produced a float cost of 6.1%. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | Berkshire's negotiated acquisitions of entire businesses will at best provide only reasonable returns. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2001 | Gorat's steakhouse will be open exclusively for Berkshire shareholders on Sunday, April 29, 2001, serving from 4 p.m. to 10 p.m. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2001 | In its last 36 years, Berkshire has never had a manager of a significant subsidiary voluntarily leave to join another business. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | Most of Berkshire's stock holdings are fully priced and are unlikely to deliver more than moderate returns in the future. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Promise | 28 Feb 2001 | Because these transactions, which typically come in large chunks, can materially distort the company's figures, it will tell readers about them as they occur. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Factual | 28 Feb 2001 | Buffett's investment results in the decade before 1951 were no better than average. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | Absent a mega-catastrophe, Berkshire expected its float cost to fall in 2001, perhaps substantially, in large part because of pricing corrections at General Re. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2001 | In most cases GEICO will be able to offer shareholders at the 2001 meeting a special discount, usually 8%. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Factual | 28 Feb 2001 | The S&P 500 figures in Berkshire's comparison table are pre-tax, whereas Berkshire's figures are after-tax. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Resolved true | Warren Buffett | Factual | 28 Feb 2001 | Berkshire paid for the 1993 Dexter acquisition using Berkshire shares. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Promise | 28 Feb 2001 | Chess champion Patrick Wolff will play blindfolded against all comers in the mall at the 2001 Berkshire meeting weekend. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Resolved true | Warren Buffett | Prediction | 28 Feb 2001 | For the next couple of years the Civic Auditorium will be Berkshire's only venue choice for its annual meeting. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2001 | Nebraska Furniture Mart's shareholder weekend pricing from April 25-30, 2001 will apply to products of prestige manufacturers that normally forbid discounting. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Prediction | 28 Feb 2001 | Omaha will shortly have a new Convention Center with ample parking. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | Buffett stated an expectation that, at GEICO, float would over time be free (no cost). Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Resolved true | Warren Buffett | Factual | 28 Feb 2001 | In 2000 Berkshire had an insurance underwriting loss of $1.6 billion, giving a float cost of 6%. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2001 | The Washington Post Company reviews its acquisitions three years after they are made. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Promise | 28 Feb 2001 | Berkshire will hold its annual meeting at the Civic Auditorium on Saturday, April 28, 2001. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Own records only | Warren Buffett | Prediction | 28 Feb 2001 | CORT looks like a good bet to beat Berkshire's original expectations for the business. Warren Buffett · Prediction · 28 Feb 2001 | Their own work or organisation |
| Resolved true | Warren Buffett | Promise | 28 Feb 2001 | If the new Convention Center is available, Buffett will poll shareholders on whether to return to a Monday annual meeting. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2001 | Buffett said "we believe" that Berkshire's gain in per-share intrinsic value for the year (2000) moderately exceeded its gain in book value, and he called this judgment "necessarily subjective". Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Unresolvable | Warren Buffett | Promise | 28 Feb 2001 | At the April 28, 2001 meeting, doors will open at 7 a.m., the movie will begin at 8:30 and the meeting will start at 9:30. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Own records only | Warren Buffett | Factual | 28 Feb 2001 | Buffett knew nothing about CORT but immediately printed out its SEC filings and liked what he saw. Warren Buffett · Factual · 28 Feb 2001 | Their own work or organisation |
| Mostly true | Warren Buffett | Promise | 28 Feb 2001 | Buffett and Charlie Munger will answer shareholder questions until 3:30 p.m. at the 2001 meeting, except for a noon break. Warren Buffett · Promise · 28 Feb 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | Burry is a tax-paying US citizen. Michael Burry · Factual · 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | Burry personally had over $1 million invested in Scion Value Fund when writing the 2000 annual letter. Michael Burry · Factual · 2001 | Their own work or organisation |
| Mostly true | Michael Burry | Factual | 2001 | Burry earns no income from Scion Capital unless members' annual return exceeds 6% net of expenses. Michael Burry · Factual · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Factual | 2001 | As of the first quarter 2001 letter, Burry's Scion Capital fund was biased toward smaller capitalization stocks. Michael Burry · Factual · 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | The vast majority of Burry's net worth, aside from money for modest living expenses, is invested in the Scion Value Fund. Michael Burry · Factual · 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | The Scion Value Fund fell in Q3 2001 because several key stocks Burry chose declined in price. Michael Burry · Factual · 2001 | Their own work or organisation |
| Delivered on time | Michael Burry | Promise | 2001 | The Scion Value Fund's minimum initial investment for future investors will be raised to $250,000 as of the July 1, 2001 investment date. Michael Burry · Promise · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 2001 | Burry said he fully expected the Scion Value Fund's expense ratio for members to decrease quite significantly as assets under management grew with new investors. Michael Burry · Prediction · 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | Burry keeps a list of about eighty stocks representing businesses with decent, predictable long-term characteristics. Michael Burry · Factual · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 2001 | The Fund will receive full value in the future for its shares in its largest hotel holding. Michael Burry · Prediction · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Factual | 2001 | Burry told the room of potential clients that portfolio concentration and illiquidity do not define risk. Michael Burry · Factual · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Factual | 2001 | Burry told a room of about 200 wealthy potential clients that risk is defined by ill-conceived investment, not by volatility. Michael Burry · Factual · 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | Burry holds no personal securities account apart from his investment in Scion Value Fund, and his professional focus is solely that fund. Michael Burry · Factual · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 2001 | Burry's investment principles, applied consistently, will continue to serve the Fund well despite future shocks. Michael Burry · Prediction · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 2001 | A rarely traded publicly traded real estate stock held by the Fund will recover and ultimately head much higher over time. Michael Burry · Prediction · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 2001 | The future performance of one of the Fund's largest positions will have no correlation with the general market or further terrorist attacks. Michael Burry · Prediction · 2001 | Their own work or organisation |
| Own records only | Michael Burry | Factual | 2001 | Because the Scion Value Fund added to several decliners, it was more valuable at the time of the letter than one quarter earlier. Michael Burry · Factual · 2001 | Their own work or organisation |
| Unresolvable | Michael Burry | Prediction | 2001 | Over the next year or two, and especially five years, the Fund's investment in this position has a very high probability of producing substantial gains. Michael Burry · Prediction · 2001 | Their own work or organisation |
| Unresolvable | Ray Kurzweil | Factual | 23 Oct 2000 | Kurzweil and Bill Joy have held public and private dialogues on this issue and agree that technology will and should progress and that its dark side needs active concern. Ray Kurzweil · Factual · 23 Oct 2000 | Their own work or organisation |
| Resolved true | Ray Kurzweil | Factual | 23 Oct 2000 | Ray Kurzweil played a role in bringing the dangers of self-replicating technologies to Bill Joy's attention. Ray Kurzweil · Factual · 23 Oct 2000 | Their own work or organisation |
| Own records only | Bill Gates | Factual | 1999 | In 1996 Microsoft printed 350,000 paper copies of sales reports. Bill Gates · Factual · 1999 | Their own work or organisation |
| Own records only | Bill Gates | Factual | 1999 | Microsoft's outsourcing tempered the expansion of its work force and reduced management overhead but did not stop the work force from growing. Bill Gates · Factual · 1999 | Their own work or organisation |
| Own records only | Bill Gates | Factual | 1999 | When customers ask Bill Gates what first step improves value from their information systems and collaboration, he always answers "E-mail." Bill Gates · Factual · 1999 | Their own work or organisation |
| Own records only | Bill Gates | Factual | 1999 | Bill Gates reads all the e-mail that Microsoft employees send him. Bill Gates · Factual · 1999 | Their own work or organisation |
| Own records only | Bill Gates | Factual | 1999 | Microsoft reduced its number of paper forms from more than 1,000 to a company-wide total of 60. Bill Gates · Factual · 1999 | Their own work or organisation |
| Own records only | Bill Gates | Factual | 1999 | Bill Gates passes items from employee e-mail on to people for action. Bill Gates · Factual · 1999 | Their own work or organisation |
| Mostly true | Marc Andreessen | Factual | Jun 1995 | Netscape did not have a major sales force in Europe as of June 1995. Marc Andreessen · Factual · Jun 1995 | Their own work or organisation |
| Own records only | Marc Andreessen | Factual | Jun 1995 | Netscape has archived and sorted all incoming user feedback messages. Marc Andreessen · Factual · Jun 1995 | Their own work or organisation |
| Own records only | Marc Andreessen | Factual | Jun 1995 | Netscape's global sales force consisted of six people in June 1995. Marc Andreessen · Factual · Jun 1995 | Their own work or organisation |
| Mixed | Marc Andreessen | Factual | Jun 1995 | Early in his time at the University of Illinois, Andreessen started working in a research lab at the university's physics research facility. Marc Andreessen · Factual · Jun 1995 | Their own work or organisation |
“Borsheim's operates on a gross margin that is fully twenty percentage points below that of its major rivals, so the more you buy, the more you save”
Warren Buffett, Berkshire chairman 28 February 2002 Chairman's Letter (2001) (Berkshire Hathaway)
Borsheim's operates on a gross margin fully twenty percentage points below that of its major rivals.
Own records only Only the person's or their organisation's own records speak to it, so it is not scored.
Said for an organisation they lead or work for; it counts on both records.
Reasoning
Borsheim's and its rivals' gross margins are not published.
Cite this claim
Warren Buffett, “Borsheim's operates on a gross margin fully twenty percentage points below that of its major rivals.” (said 28 February 2002). Verdict: own records only. Reliability API, claim c_d46398395ef2, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_d46398395ef2
Verdicts are made automatically; how verdicts and scores are made. The same data is on Hugging Face under CC BY 4.0.