28,548 claims · page 280 of 286
| Verdict | Person | Kind | Said | Claim | Topic |
|---|---|---|---|---|---|
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | This tiny band works miracles. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | The only new ingredient was Ben�s ideas. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | The net of all this is that a) I expect our cost of float to be very attractive in the future but b) rarely to return to a "no-cost" mode… Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Second, speculation is most dangerous when it looks easiest. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Most of our manufacturing, retailing and service businesses did at least reasonably well last year. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Brad is hitting home runs in his new job, just as he always did at Cypress. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Now, speculation ¾ in which the focus is not on what an asset will produce but rather on what the next fellow will pay for it ¾ is neither… Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We must therefore hold the meeting on either Saturday or Sunday to avoid the traffic and parking nightmare that would occur on a weekday. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | He never engages in wishful thinking or otherwise distorts reality, as so many managers do when the unexpected happens. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | The long-term prospect for equities in general is far from exciting. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | so the more you buy, the more you save Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | You can bet this move by Berkshire is making them sweat in Silicon Valley. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | And, believe me, it gets lonely on the mound when you can�t find the plate. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Berkshire ¾ whose top management has long been mired in the 19th century ¾ is now one of the very few authentic "clicks-and-bricks"… Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | If these companies were a single and separate operation, people would consider it an outstanding insurer. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Leaving aside tax factors, the formula we use for evaluating stocks and businesses is identical. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We�re pleased by the growth in our float during 2000 but not happy with its cost. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Charlie and I think it is both deceptive and dangerous for CEOs to predict growth rates for their companies. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | When it comes to corporate blunders, CEOs invoke the concept of the Virgin Birth. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not researched | Warren Buffett | Factual | 28 Feb 2001 | As of early 2001, neither Berkshire nor Buffett had ever bought a share of stock or a bond of Conseco. Warren Buffett · Factual · 28 Feb 2001 | Economics and markets |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | our operating managers continue to run their businesses in splendid fashion, which allows me to spend my time allocating capital rather… Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | But it is not a game in which Charlie and I wish to play. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Growth is simply a component ¾ usually a plus, sometimes a minus ¾ in the value equation. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | To begin with, float is money we hold but don't own. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Writing such a policy, we receive a modest premium, face the possibility of a huge loss, and get good odds. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Charlie and I continue to aim at increasing Berkshire�s per-share value at a rate that, over time, will modestly exceed the gain from… Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | That, for sure, was an irrational expectation: For American business as a whole, there couldn�t possibly be enough birds in the 2009 bush… Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Though I am not a fan of stock splits, I am planning to split Al�s age 2-for-1 when he hits 100. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We�re not smart enough to do that, and we know it. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | At Berkshire, we strive to be both consistent and conservative in our reserving. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not researched | Warren Buffett | Factual | 28 Feb 2001 | The government taxes Berkshire twice on a partial stock investment in a business, but only once when Berkshire owns at least 80%. Warren Buffett · Factual · 28 Feb 2001 | Economics and markets |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | General Re has several important and enduring business advantages. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We will pound that theme relentlessly until all Americans are aware of the value that we offer. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We take our obligations to the people who created a business very seriously, and Berkshire�s ownership structure ensures that we can… Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | GEICO will be a huge part of Berkshire�s future. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | we see our equity portfolio as only mildly attractive. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Instead, we expect a company�s CEO to explain in his or her own words what�s happening. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We�re very suspicious of accounting methodology that is vague or unclear, since too often that means management wishes to hide something. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Better yet, we remain awash in liquid assets and are both eager and ready for even larger acquisitions. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Designations received after the due date will not be honored. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | Fewer than 10 of the 200 most profitable companies in 2000 will attain 15% annual earnings-per-share growth over the next 20 years. Warren Buffett · Prediction · 28 Feb 2001 | Economics and markets |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Shares not so registered on August 31, 2001 will be ineligible for the 2001 program. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We have far more than our share, and U.S. Liability adds luster to the collection. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | The third ad in an hour on a given cable channel is simply not going to be as effective as the first. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Charlie and I believe Berkshire provides an almost unique home. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Charlie and I, however, like any proposition that makes compelling mathematical sense, regardless of its effect on reported earnings. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | One reason for that preference is personal, in that I love working with our managers. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | It is impossible to overstate how valuable Ajit is to Berkshire. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not researched | Warren Buffett | Factual | 28 Feb 2001 | Under the tax code, Berkshire owning 80% or more of a business is proportionately far more profitable than owning a smaller share. Warren Buffett · Factual · 28 Feb 2001 | Economics and markets |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | GEICO has much the better business model, one that embodies significantly lower operating costs. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | If you order a rare T-bone with a double order of hash browns, you will establish your credentials as an epicure. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | But we will make mistakes. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | So come for Woodstock Weekend and join our Celebration of Capitalism at the Civic. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | References to EBITDA make us shudder Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 checkable | Warren Buffett | Not checkable | 28 Feb 2001 | We bring nothing to the party, so why should we expect to take anything home? Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | These accounting shenanigans have a way of snowballing Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | And, when a company is selling a product with commodity-like economic characteristics, being the low-cost producer is all-important. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Please remember that you can't come to Gorat's on Sunday without a reservation. Warren Buffett · Not checkable · 28 Feb 2001 | |
| 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 |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | As a manager, Ralph belongs in Berkshire�s Hall of Fame, and Charlie and I welcome him to it. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | And we warn you that there is nothing symmetrical about surprises in the insurance business: They almost always are unpleasant. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | Regardless of the cost, you can be sure that EJA�s spending on safety will be whatever is needed. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Not checkable | Warren Buffett | Not checkable | 28 Feb 2001 | In addition to being a great teacher, Ben was a wonderful friend. Warren Buffett · Not checkable · 28 Feb 2001 | |
| Unresolvable | Warren Buffett | Prediction | 28 Feb 2001 | The matter referred to on page 65 of the report will have no effect on Berkshire's intrinsic value. Warren Buffett · Prediction · 28 Feb 2001 | Economics and markets |
| 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 |
“This tiny band works miracles.”
Warren Buffett 28 February 2001 Chairman's Letter (2000) (Berkshire Hathaway)
This tiny band works miracles.
Not checkable An opinion, value judgement or statement with nothing to check.
Cite this claim
Warren Buffett, “This tiny band works miracles.” (said 28 February 2001). Verdict: not checkable. Reliability API, claim c_24c04ad5707c, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_24c04ad5707c
Verdicts are made automatically; how verdicts and scores are made. The same data is on Hugging Face under CC BY 4.0.