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.

549 claims · page 6 of 6

549 claims, sorted by newest said. Choose a claim to read it in full.
VerdictPersonKindSaidClaimTopic
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
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
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
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
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
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
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
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
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
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
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
Own records only Jeff Bezos Factual 2 Apr 2001 Amazon's business model lets it hold about four copies of an item in inventory rather than hundreds. Jeff Bezos · Factual · 2 Apr 2001 Economics and markets
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
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
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
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
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
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
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
Own records only Ray Kurzweil Factual Jan 2001 At any time, Kurzweil's company could sell the prior version of its software for perhaps a quarter of the price of the current version. Ray Kurzweil · Factual · Jan 2001 Economics and markets
Own records only Ray Kurzweil Factual Jan 2001 At Kurzweil Applied Intelligence, each slightly more intelligent version of its speech recognition software invariably had greater value than the previous generation and sales increased as a result. Ray Kurzweil · Factual · Jan 2001 Economics and markets
Own records only Ray Kurzweil Factual Jan 2001 Kurzweil told a Nobel-winning panelist that 100 years was a reasonable estimate of the technical progress needed for self-replicating nanoengineered entities, at the rate of progress then current. Ray Kurzweil · Factual · Jan 2001 Other global risks
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
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
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
Own records only Ray Kurzweil Prediction 2001 If tubules multiplied neuron complexity a thousandfold, reaching human brain computational capacity would be delayed by only about 9 years under Kurzweil's model of computational growth. Ray Kurzweil · Prediction · 2001 AI timelines and forecasting
Own records only Jeff Bezos Factual 2001 Bezos said the two investments were made because "we" knew "we" would not ourselves be entering those particular categories any time soon. Jeff Bezos · Factual · 2001 Economics and markets
Own records only Ray Kurzweil Factual 2001 Kurzweil's company could not even give away versions of its technology that were two generations old. Ray Kurzweil · Factual · 2001 Economics and markets
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
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
Own records only Jeff Bezos Prediction 2001 If the price performance of bandwidth keeps doubling about every 9 months, Amazon.com will be able to use 60 times as much bandwidth per customer in 5 years while keeping its bandwidth cost per customer the same. Jeff Bezos · Prediction · 2001 Technology
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
Own records only Marc Andreessen Factual Jun 1995 Supercomputing centers cannot afford to remove their idle supercomputers from buildings; removal from the third floor costs $500,000. Marc Andreessen · Factual · Jun 1995 AI compute, hardware and data
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 Andreessen said that "we" basically declined to take a license fee because, at that point, they did not see any potential property issues. Marc Andreessen · Factual · Jun 1995 Economics and markets
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
Own records only Marc Andreessen Factual Jun 1995 Andreessen spends half an hour every morning reading news online, in addition to newspapers. Marc Andreessen · Factual · Jun 1995 Other
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Warren Buffett

Open its page

Factual Their own work or organisation

“I've made three decisions relating to Dexter that have hurt you in a major way”

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

Buffett made three decisions about Dexter that hurt Berkshire shareholders: buying it, paying for it with stock, and procrastinating on operational changes.

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

Whether the decisions hurt shareholders and were procrastinated is Buffett's own judgment, though the acquisition facts are public.

Cite this claim

Warren Buffett, “Buffett made three decisions about Dexter that hurt Berkshire shareholders: buying it, paying for it with stock, and procrastinating on operational changes.” (said 28 February 2002). Verdict: own records only. Reliability API, claim c_2cc13adbc152, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_2cc13adbc152

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