Claims

2,653 claims by 33 public figures and organisations, checked against the public record. Each has its quote, source, verdict and evidence. Read them without a key; browse by person.

2,528 claims · page 24 of 26

2,528 claims, sorted by newest said. Choose a claim to read it in full.
VerdictPersonKindSaidClaimTopic
Unresolvable Warren Buffett Prediction 2007 Berkshire's insurance operations will periodically have bad years. Warren Buffett · Prediction · 2007 Their own work or organisation
Unresolvable Warren Buffett Prediction 2007 Buffett said he believed Berkshire's other insurance operations would clear the underwriting-gain hurdle needed for overall float to be cost-free in many, if not most, years. Warren Buffett · Prediction · 2007 Their own work or organisation
Not researched Warren Buffett Factual 2007 GEICO spends far more on advertising than any of its competitors, including much larger ones. Warren Buffett · Factual · 2007 Their own work or organisation
Own records only Warren Buffett Factual 2007 After reviewing the facts in the spring of 2006, Buffett and Ajit concluded that Equitas was likely to survive. Warren Buffett · Factual · 2007 Their own work or organisation
Not researched Warren Buffett Factual 2007 Berkshire agreed to pay all of Equitas's future claims and expenses up to $13.9 billion in exchange for $7.12 billion in cash and securities. Warren Buffett · Factual · 2007 Their own work or organisation
Unresolvable Warren Buffett Prediction 2007 Buffett's thinking about the disposition of his Berkshire shares is very unlikely to change in a material way. Warren Buffett · Prediction · 2007 Their own work or organisation
Own records only Warren Buffett Factual 2007 Taxes had nothing to do with Buffett's decision to give away his Berkshire shares or its timing. Warren Buffett · Factual · 2007 Their own work or organisation
Own records only Warren Buffett Factual 2007 Berkshire has three outstanding candidates to replace Buffett as CEO, as he has previously told shareholders. Warren Buffett · Factual · 2007 Their own work or organisation
Unresolvable Warren Buffett Promise 2007 Berkshire will again hold a reception at 4 p.m. on Saturday afternoon of the 2007 annual meeting weekend for shareholders who have come from outside North America. Warren Buffett · Promise · 2007 Their own work or organisation
Not researched Warren Buffett Factual 2007 Berkshire's non-insurance earnings increased 38% in 2006. Warren Buffett · Factual · 2007 Their own work or organisation
Not researched Warren Buffett Factual 2007 Buffett and Ajit Jain reviewed the Equitas facts in spring 2006, 13 years after the last exposed policy was written and after £11.3 billion of claims were paid. Warren Buffett · Factual · 2007 Their own work or organisation
Not researched Warren Buffett Factual 2007 MiTek has made 14 acquisitions since Berkshire purchased it in 2001. Warren Buffett · Factual · 2007 Their own work or organisation
Own records only Michael Burry Factual Nov 2006 The Scion funds do not participate in the cash residential mortgage-backed securities market. Michael Burry · Factual · Nov 2006 Their own work or organisation
Own records only Michael Burry Factual Nov 2006 Variation in side pocket value comes from the Livedoor position being held in Japanese yen while the fund reports in dollars. Michael Burry · Factual · Nov 2006 Their own work or organisation
Own records only Michael Burry Factual Nov 2006 On a notional basis, 41.6% of Scion's mortgage shorts are on BBB- tranches and 49.8% on BBB tranches. Michael Burry · Factual · Nov 2006 Their own work or organisation
Own records only Michael Burry Factual Nov 2006 The Livedoor, Blue Ocean Re and Symetra side pockets are all carried at cost. Michael Burry · Factual · Nov 2006 Their own work or organisation
Not researched Michael Burry Factual Nov 2006 In a side pocket, exiting investors retain their portion of the side pocket, so remaining investors see no increase in concentration. Michael Burry · Factual · Nov 2006 Their own work or organisation
Not researched Michael Burry Factual Nov 2006 The stated life of each of Scion's swap contracts is technically 30 years. Michael Burry · Factual · Nov 2006 Their own work or organisation
Not researched Michael Burry Factual Nov 2006 Scion's credit default swaps are cash-settle, pay-as-you-go contracts backed by the full credit of the counterparty. Michael Burry · Factual · Nov 2006 Their own work or organisation
Not researched Michael Burry Factual 5 Oct 2006 The Scion Value Fund lost 17.36% net of all expenses in 2006 through September 30. Michael Burry · Factual · 5 Oct 2006 Their own work or organisation
Own records only Michael Burry Factual 5 Oct 2006 Through September 2006 the Scion portfolio was down for the year, and its performance was solely due to its credit default swap positions. Michael Burry · Factual · 5 Oct 2006 Their own work or organisation
Own records only Michael Burry Factual 5 Oct 2006 Burry attempts, within reason, to keep the Scion Value Fund and Scion Qualified Value Fund pari passu in portfolio composition. Michael Burry · Factual · 5 Oct 2006 Their own work or organisation
Own records only Michael Burry Factual Oct 2006 At the end of October 2006, single name corporate CDS were 3.27% of assets under management in the Scion Value Fund and 3.55% in the Scion Qualified Value Fund. Michael Burry · Factual · Oct 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 Burry stated that Scion Capital negotiated very favorable ISDA agreements with all eight of its credit derivatives counterparties. Michael Burry · Factual · 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 The Scion funds carry credit default swaps on subprime mortgage-backed securities with $1.687 billion in notional value. Michael Burry · Factual · 2006 Their own work or organisation
Not researched Yann LeCun Factual 2006 The lack of a margin in the perceptron loss, which may theoretically cause stability problems, was overlooked in LeCun et al. 1998a. Yann LeCun · Factual · 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 Burry spends nearly all his time on stocks and other long-oriented analysis rather than shorts. Michael Burry · Factual · 2006 Their own work or organisation
Own records only Michael Burry Prediction 2006 Burry expected that, in the worst case, his fund's mortgage short would fully amortize to nil value over the next three years, at an average annual cost of carry of roughly six percent of current assets under management. Michael Burry · Prediction · 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 The Funds held quite a bit of cash in 2006, something that last occurred in the 2001-2002 era. Michael Burry · Factual · 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 The Scion Funds have roughly a 12% allocation in Asia, lower than in the past. Michael Burry · Factual · 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 Burry never expected Scion's mortgage short to pay off within one year. Michael Burry · Factual · 2006 Their own work or organisation
Own records only Michael Burry Factual 2006 The Scion Funds hold roughly $2 million in put options focused on the Russell 2000 Index. Michael Burry · Factual · 2006 Their own work or organisation
Not researched Yann LeCun Factual 2006 The EBM approach eliminates the problem of having to perform a normalization step after each gradient parameter update (citing LeCun et al., 1998a). 1998a. Yann LeCun · Factual · 2006 Their own work or organisation
Unresolvable Jim Cramer Factual 16 Dec 2005 Cramer said he received a handwritten letter from President Bok apologizing on behalf of the University for the travesty that was his graduation. Jim Cramer · Factual · 16 Dec 2005 Their own work or organisation
Unresolvable Jim Cramer Factual 16 Dec 2005 In his last Crimson article, Cramer wrote that Alan Heimert's words to the Faculty were rooted more in fiction than in fact. Jim Cramer · Factual · 16 Dec 2005 Their own work or organisation
Own records only Jim Cramer Factual 16 Dec 2005 For twenty years of his career Cramer worked only with people who were incredibly rich. Jim Cramer · Factual · 16 Dec 2005 Their own work or organisation
Own records only Michael Burry Factual 2004 Since earlier in 2004, the Scion Funds have held long equity and distressed debt investments, domestic and foreign, positioned to benefit from higher oil prices. Michael Burry · Factual · 2004 Their own work or organisation
Unresolvable Ray Kurzweil Factual 12 Dec 2002 Kurzweil has developed these models for a few decades and made many predictions about intelligent machines in the 1980s. Ray Kurzweil · Factual · 12 Dec 2002 Their own work or organisation
Own records only Ray Kurzweil Factual 12 Dec 2002 Kurzweil developed mathematical models of technology trends because as an inventor he realized an invention must make sense when the technology is finished, three or four years later. Ray Kurzweil · Factual · 12 Dec 2002 Their own work or organisation
Unresolvable Warren Buffett Promise 28 Feb 2002 Berkshire's Nebraska Furniture Mart will keep its new Kansas City-area store open on Sundays. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Mostly true Warren Buffett Prediction 28 Feb 2002 Ron Peltier will likely make more real estate brokerage acquisitions for Berkshire in 2002 and the following years. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Underwriting discipline is being restored at General Re and its Cologne Re subsidiary. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Promise 28 Feb 2002 Patrick Wolff, twice U.S. chess champion, will play all comers blindfolded in the mall at Berkshire's 2002 annual meeting weekend. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 GEICO got into huge trouble in the early 1970s because for several years it severely underreserved. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Measured by the value of customers' planes, NetJets accounts for about half of the fractional ownership industry. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Shaw is Berkshire's largest non-insurance operation. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Mostly true Warren Buffett Prediction 28 Feb 2002 Berkshire expects the FINOVA transaction overall to prove satisfactory for Berkshire. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Prediction 28 Feb 2002 Under competitive conditions likely for a few years, NetJets' scale advantage will at best produce modest profits. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Resolved true Warren Buffett Factual 28 Feb 2002 Berkshire lost $2 billion to $2.5 billion in the September 11th event without having been paid properly for the risk assumed. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 Buffett made three decisions about Dexter that hurt Berkshire shareholders: buying it, paying for it with stock, and procrastinating on operational changes. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 At the 2001 shareholder baseball game, Buffett batted instead of pitching. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 Berkshire's purchases of Fruit of the Loom debt indirectly reduced its purchase price for the whole company by a small amount. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 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. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Mostly true Warren Buffett Prediction 28 Feb 2002 MidAmerican Energy's reported earnings should increase considerably in 2002 because the goodwill amortization charge will disappear under new GAAP rules. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 For at least the next year, the Civic Auditorium in downtown Omaha is the only site available for Berkshire's annual meeting. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Prediction 28 Feb 2002 The few fixed-income strategies involving highly-liquid AAA securities that Buffett manages have reasonable prospects of continuing to produce good returns over the next year or two. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Prediction 28 Feb 2002 Over time, Berkshire's insuring of jumbo risks should be profitable, though periodically it will bring a terrible year. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Factual 28 Feb 2002 At the 2001 Berkshire meeting, Patrick Wolff played as many as six blindfolded chess games simultaneously. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 GEICO's operating costs are low and far below those of its major competitors. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Mostly true Warren Buffett Factual 28 Feb 2002 At the parent company level, Berkshire makes no charitable contributions except those designated by shareholders. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Over 37 years under present management, Berkshire per-share book value grew from $19 to $37,920, 22.6% compounded annually. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 In recent years Lou Simpson's investment performance has been far better than Buffett's. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Mixed Warren Buffett Factual 28 Feb 2002 Buffett previously assured shareholders that General Re was underwriting with discipline, and that assurance proved wrong. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Berkshire initially used the Dow Jones Industrials as its benchmark and later shifted to the S&P 500 when that index became widely used. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Berkshire's net worth fell $3.77 billion in 2001, cutting per-share book value of Class A and B stock by 6.2%. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Prediction 28 Feb 2002 Berkshire's holdings, about 10% of Fruit of the Loom's senior debt, will probably return about 70% of face value. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 In 37 Berkshire years, no CEO of an operating business has elected to leave Berkshire to work elsewhere. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Promise 28 Feb 2002 Bob and Petra Hamman and Sharon Osberg are expected to host bridge tables in the mall outside Borsheim's at Berkshire's 2002 annual meeting weekend. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 MidAmerican owns the second-largest residential real estate brokerage business in the U.S. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 Berkshire's per-share intrinsic value grew somewhat faster than book value over 37 years, and in 2001 it probably decreased less than book value. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Factual 28 Feb 2002 NetJets has more than 300 planes constantly operating in the U.S. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 The new R.C. Willey store in Henderson, Nevada outsells all other stores in the chain, with volume far above any competitor's and twice what Buffett anticipated. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Gibson threw Buffett a fast ball in the strike zone and Buffett hit a hard grounder that died in the infield. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 In 2001 General Re recognized $800 million of loss costs from earlier years that had not been recorded, charging them against 2001 earnings. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 Berkshire's headquarters added one employee in 2001 and now has 14.8 employees. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Mostly true Warren Buffett Promise 28 Feb 2002 Buffett will keep well over 99% of his net worth in Berkshire. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Promise 28 Feb 2002 Bill Robertie, one of only two two-time backgammon world champions, will be at the Berkshire 2002 annual meeting mall to play shareholders. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Promise 28 Feb 2002 Berkshire will give people who order annual meeting tickets a booklet with information for enjoying their visit to Omaha. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Berkshire insisted, as a proviso of its Fruit of the Loom offer, that John be available to continue as CEO after the takeover. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Own records only Warren Buffett Factual 28 Feb 2002 Berkshire's roughly 50-year experience investing in distressed debt has so far been rewarding. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Promise 28 Feb 2002 In 2002 the Omaha Royals will play the Oklahoma RedHawks at the Berkshire shareholder baseball game. Warren Buffett · Promise · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Prediction 28 Feb 2002 Buffett predicted that Joe and Tad would make General Re a huge asset for Berkshire. Warren Buffett · Prediction · 28 Feb 2002 Their own work or organisation
Unresolvable Warren Buffett Factual 28 Feb 2002 All of Berkshire's 2001 acquisitions were paid for in cash, so shareholders did not give up any interest in existing companies. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
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
Not researched Warren Buffett Factual 28 Feb 2002 Bob Gibson, an Omaha native, pitched to Buffett at the 2001 Berkshire shareholder baseball game. 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
Not researched Warren Buffett Factual 28 Feb 2002 Berkshire guaranteed 90% of the Berkadia borrowing and has a secondary guarantee on the 10% that Leucadia primarily guarantees. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2002 GEICO's 2001 underwriting profit of $221 million meant Berkshire was paid that amount to hold $4.25 billion of float. 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
Not researched Warren Buffett Factual 28 Feb 2002 Buffett allowed General Re to take on business without a safeguard he knew was important, an error that caught up with it on September 11th. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2002 Berkshire added about 40,000 employees in 2001, bringing its workforce to about 110,000. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2002 Berkshire's 2002 proxy statement contains instructions for obtaining tickets to the shareholder baseball game. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
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Warren Buffett

Open its page

Prediction Their own work or organisation

“There will be bad years periodically.”

Warren Buffett, Chairman, Berkshire letter 2007 Berkshire Hathaway 2006 Letter to Shareholders (Berkshire Hathaway)

Berkshire's insurance operations will periodically have bad years.

Unresolvable The public record could not settle it.

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

Reasoning

'Periodically' has no horizon and is too vague to test.

Cite this claim

Warren Buffett, “Berkshire's insurance operations will periodically have bad years.” (said 2007). Verdict: unresolvable. Reliability API, claim c_cb79e1c1a141, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_cb79e1c1a141

Verdicts are made automatically; how verdicts and scores are made. The same data is on Hugging Face under CC BY 4.0.