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, sorted by newest said. Choose a claim to read it in full.
VerdictPersonKindSaidClaimTopic
Not researched Warren Buffett Factual 28 Feb 2002 As of early 2002, Berkshire's MidAmerican serves 3.6 million customers in the U.K. and is its second-largest electric utility. Warren Buffett · Factual · 28 Feb 2002 Their own work or organisation
Not researched Michael Burry Factual 6 Jan 2002 Burry committed the Fund to a substantial investment in the common stock of a company later targeted for acquisition by another investor. Michael Burry · Factual · 6 Jan 2002 Their own work or organisation
Not researched Michael Burry Factual 6 Jan 2002 During 2001 the Fund, before the manager's performance allocation, outperformed the dividend-adjusted S&P 500 by 6,732 basis points. Michael Burry · Factual · 6 Jan 2002 Their own work or organisation
Not researched Michael Burry Factual 6 Jan 2002 In early December 2001 a competitor agreed to buy all stock of a company held by the Fund at nearly seven times its September 30, 2001 price. Michael Burry · Factual · 6 Jan 2002 Their own work or organisation
Not researched Michael Burry Factual 6 Jan 2002 During 2001 the Scion Value Fund appreciated 44.60% net of expenses and performance allocations. Michael Burry · Factual · 6 Jan 2002 Their own work or organisation
Not researched Michael Burry Factual 6 Jan 2002 Since inception on November 1, 2000 to end-2001, the Scion Value Fund appreciated 54.16% net of allocations and expenses. Michael Burry · Factual · 6 Jan 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
Not researched Steven Pinker Factual 1 Jan 2002 As an undergraduate Pinker read Chomsky, who was one of the first to break the taboo against explanations appealing to human nature. Steven Pinker · Factual · 1 Jan 2002 Their own work or organisation
Not researched Steven Pinker Factual 1 Jan 2002 Pinker said he has been interested in behavioral genetics since reading about Tom Bouchard and David Lykken's work in Science in the late 1980s, and that Judy Harris made him think through the implications of that work. Steven Pinker · Factual · 1 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
Not researched Michael Burry Factual 2002 Since shortly after the Scion Value Fund's inception, Burry has outsourced administration and bookkeeping to Hedgeworks, LLC. Michael Burry · Factual · 2002 Their own work or organisation
Not researched Michael Burry Factual 3 Jul 2001 Burry does not hedge the Scion Value Fund's portfolio, except to the extent that buying securities very cheaply may be considered a hedge. Michael Burry · Factual · 3 Jul 2001 Their own work or organisation
Not researched Michael Burry Factual 3 Jul 2001 During the first half of 2001 the Scion Value Fund appreciated 22.00% net of expenses and performance allocations. Michael Burry · Factual · 3 Jul 2001 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
Not researched Warren Buffett Factual 28 Feb 2001 Buffett said the annual meeting was moved to the Civic Auditorium the previous year (2000) and that it worked very well. 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
Not researched Warren Buffett Factual 28 Feb 2001 Warren Buffett entered Ben Graham's class at Columbia in 1951, 50 years before the letter. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 It has become much more expensive for GEICO to obtain new business. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Insurance is Berkshire's main business. 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
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire's subsidiaries made contributions totaling $18.3 million in 2000, including $3 million of in-kind donations. 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
Not researched Warren Buffett Factual 28 Feb 2001 Borsheim's is the largest jewelry store in the US except for Tiffany's Manhattan store. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Over the 20 years of the program, Berkshire has made $164 million of contributions as directed by its shareholders. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire incurred no debt for its 2000 acquisitions, and its shares outstanding increased only 1/3 of 1%. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 About 97% of eligible shares participated in Berkshire's 2000 shareholder-designated contributions program, with contributions totaling $16.9 million. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Buffett previously told shareholders that the fractional-ownership jet business is low-margin with few survivors. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Every year FlightSafety spends amounts equal to its depreciation charge to stay in place, plus additional sums to grow. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Acme Brick produces more than one billion bricks per year at 22 plants, about 11.7% of national industry output. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire entered the brick, carpet, insulation and paint industries through its 2000 acquisitions. 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
Not researched Warren Buffett Factual 28 Feb 2001 When sports writers asked what he had served Ernie Banks, Buffett quoted Warren Spahn's remark after Willie Mays's first major-league home run. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire's net worth rose $3.96 billion in 2000, increasing per-share book value of Class A and B stock by 6.5%. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Borsheim's operates on a gross margin fully twenty percentage points below that of its major rivals. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Nebraska Furniture Mart began shareholder weekend pricing four years earlier, and sales during the weekend grew from $5.3 million in 1997 to $9.1 million in 2000. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Over 36 years under present management, Berkshire's per-share book value grew from $19 to $40,442, a 23.6% compounded annual gain. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire's cost of float has over the years been very close to zero, with underwriting profits in most years offsetting occasional terrible years such as 1984, when the cost was 19%. 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
Not researched Warren Buffett Factual 28 Feb 2001 JM's CEO Jerry Henry announced retirement plans a year earlier, but Buffett and Munger convinced him to stay on. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire's 2000 acquisitions cost about $8 billion, 97% paid in cash and 3% in stock. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Buffett's investment performance improved beginning in 1951. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 The family-run jewelry business's same-store sales rose 9%, 11%, 13%, 10%, 12%, 21% and 7% over the past seven years. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 Berkshire's 2000 book-value gain outpaced the performance of the S&P 500. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Warren Buffett Factual 28 Feb 2001 Buffett believed he understood the future economics of trading stamps, textiles, shoes and second-tier department stores, and was mistaken. 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
Not researched Warren Buffett Factual 28 Feb 2001 Since first publishing its economic principles in 1983, Berkshire has consistently stated it would rather purchase businesses than stocks. Warren Buffett · Factual · 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
Not researched Warren Buffett Factual 28 Feb 2001 GEICO's increased advertising spending in 2000 did not produce a commensurate increase in inquiries. 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
Not researched Warren Buffett Factual 28 Feb 2001 Buffett told shareholders a year earlier that Berkshire would get its money's worth from stepped-up GEICO advertising in 2000, and that proved wrong. Warren Buffett · Factual · 28 Feb 2001 Their own work or organisation
Not researched Ray Kurzweil Factual Jan 2001 Kurzweil's first book, The Age of Intelligent Machines, written in the 1980s, ended with the prospect of machine intelligence exceeding human intelligence, and he found it difficult to look beyond that. Ray Kurzweil · Factual · Jan 2001 Their own work or organisation
Not researched Ray Kurzweil Factual Jan 2001 Kurzweil's technical field is pattern recognition, and his projects over more than thirty years have used chaotic computing. Ray Kurzweil · Factual · Jan 2001 Their own work or organisation
Not researched Ray Kurzweil Factual Jan 2001 Kurzweil and Bill Joy have frequently been paired at venues as optimist and pessimist respectively. Ray Kurzweil · Factual · Jan 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
Not researched Michael Burry Factual 2001 The Scion Value Fund's largest holding on September 11, 2001 was an airline stock. Michael Burry · Factual · 2001 Their own work or organisation
Not researched Michael Burry Factual 2001 In the first nine months of 2001 the Scion Value Fund appreciated 10.98% net of expenses and performance allocations. 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
Not researched Michael Burry Factual 2001 In the two months ended December 31, 2000, Scion Value Fund's net performance beat the S&P 500 by 14.08%. 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
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Factual Their own work or organisation

“We are now serving 3.6 million customers in the U.K. and are its 2nd largest electric utility.”

Warren Buffett, Berkshire chairman 28 February 2002 Chairman's Letter (2001) (Berkshire Hathaway)

As of early 2002, Berkshire's MidAmerican serves 3.6 million customers in the U.K. and is its second-largest electric utility.

Not researched Checkable, but outside the sample that was researched.

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

Cite this claim

Warren Buffett, “As of early 2002, Berkshire's MidAmerican serves 3.6 million customers in the U.K. and is its second-largest electric utility.” (said 28 February 2002). Verdict: not researched. Reliability API, claim c_ffec9d65e586, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_ffec9d65e586

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