| Not checkable |
Not checkable |
18 Sep 2026 |
Greg runs the company; Howard will guard its culture and values – both worth more than anything on our balance sheet.
Not checkable · 18 Sep 2026 |
|
| Resolved true |
Factual |
18 Sep 2026 |
Howard Buffett has been a Berkshire director for 33 years.
Factual · 18 Sep 2026 |
Their own work or organisation |
| Delivered on time |
Promise |
18 Sep 2026 |
Warren Buffett becomes Chairman Emeritus of Berkshire and remains a director.
Promise · 18 Sep 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
18 Sep 2026 |
From the beginning, Charlie and I looked for owners who thought in decades rather than quarters, and we were fortunate to find a great many…
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
He has, however, been generous with me.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
So the timing is right to complete the transition.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted.
Not checkable · 18 Sep 2026 |
|
| Not checkable |
Not checkable |
18 Sep 2026 |
My expectations for him were sky high from the start, and he has exceeded them.
Not checkable · 18 Sep 2026 |
|
| Unresolvable |
Factual |
18 Sep 2026 |
Warren Buffett took the reins at Berkshire at age 34, after a shorter apprenticeship than Howard Buffett's 33 years as director.
Factual · 18 Sep 2026 |
Their own work or organisation |
| Resolved true |
Factual |
18 Sep 2026 |
Howard Buffett succeeds Warren Buffett as Berkshire's Chairman.
Factual · 18 Sep 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
18 Sep 2026 |
Father Time always wins.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
Part of the reason is Greg.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
Howard cares deeply about Berkshire, as do all of our Directors.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
He has taken hold of the Chief Executive Officer job in every respect.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
The company is in excellent hands, and I look forward to remaining a shareholder alongside you.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
Sixty-plus years in, I still have the best job in the world.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
That is not something many people my age can say, and I have never felt better about what comes next.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
Think of Howard as a policy the shareholders own and hope never to claim against.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
18 Sep 2026 |
He has been making the decisions that matter for some time now, and I have not had to think twice about any of them.
Not checkable · 18 Sep 2026 |
|
| Not checkable |
Not checkable |
18 Sep 2026 |
Berkshire has an extraordinary group of shareholders.
Not checkable · 18 Sep 2026 |
|
| Resolved true |
Factual |
18 Sep 2026 |
Warren Buffett has served Berkshire since 1965.
Factual · 18 Sep 2026 |
Their own work or organisation |
| Not checkable |
Not checkable |
18 Sep 2026 |
No company has been or will be more shareholder-minded than Berkshire.
Not checkable · 18 Sep 2026 |
|
| Not checkable |
Not checkable |
18 Sep 2026 |
He has given me the opportunity to see Berkshire reach a point where I am more confident than ever about what lies ahead.
Not checkable · 18 Sep 2026 |
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| Not checkable |
Not checkable |
10 Nov 2025 |
Like Charlie Munger, Don forever remained a Midwestern boy, enthusiastic, friendly and American to the core.
Not checkable · 10 Nov 2025 |
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| Not checkable |
Not checkable |
10 Nov 2025 |
To improve the probability that they will dispose of what will essentially be my entire estate before alternate trustees replace them, I…
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
He is a great manager, a tireless worker and an honest communicator.
Not checkable · 10 Nov 2025 |
|
| Unresolvable |
Factual |
10 Nov 2025 |
Buffett said that after Stan built the paper's new Sunday product, Berkshire's newspaper, which had been losing cash, earned over 100% annually pre-tax on Berkshire's $33 million investment for some years.
Factual · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
Keep in mind that the cleaning lady is as much a human being as the Chairman.
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
Ruling from the grave does not have a great record, and I have never had an urge to do so.
Not checkable · 10 Nov 2025 |
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| Not checkable |
Not checkable |
10 Nov 2025 |
I enjoy the chance to keep in touch with you.
Not checkable · 10 Nov 2025 |
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| Not checkable |
Not checkable |
10 Nov 2025 |
Through dumb luck, I drew a ridiculously long straw at birth.
Not checkable · 10 Nov 2025 |
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| Not checkable |
Not checkable |
10 Nov 2025 |
I can’t think of a CEO, a management consultant, an academic, a member of government – you name it – that I would select over Greg to…
Not checkable · 10 Nov 2025 |
|
| Unresolvable |
Promise |
10 Nov 2025 |
Buffett will keep writing an annual Thanksgiving message to Berkshire shareholders.
Promise · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
Get the right heroes and copy them.
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
I’m happy to say I feel better about the second half of my life than the first.
Not checkable · 10 Nov 2025 |
|
| Own records only |
Factual |
10 Nov 2025 |
Buffett's children and the Berkshire directors are fully supportive of Greg Abel as CEO.
Factual · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
I will no longer be writing Berkshire’s annual report or talking endlessly at the annual meeting.
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
Looking back I feel that both Berkshire and I did better because of our base in Omaha than if I had resided anywhere else.
Not checkable · 10 Nov 2025 |
|
| Own records only |
Factual |
10 Nov 2025 |
Buffett and Charlie Munger several times encountered a CEO's debilitating disease and failed to act.
Factual · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
Choose your heroes very carefully and then emulate them.
Not checkable · 10 Nov 2025 |
|
| Delivered on time |
Promise |
10 Nov 2025 |
Greg Abel will become Berkshire Hathaway's chief executive at the end of 2025.
Promise · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
But Lady Luck is fickle and – no other term fits – wildly unfair.
Not checkable · 10 Nov 2025 |
|
| Unresolvable |
Factual |
10 Nov 2025 |
Berkshire's stock price has fallen about 50% three times in 60 years under present management.
Factual · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
The new rules produced envy, not moderation.
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
Those who reach old age need a huge dose of good luck, daily escaping banana peels, natural disasters, drunk or distracted drivers…
Not checkable · 10 Nov 2025 |
|
| Not yet due |
Prediction |
10 Nov 2025 |
Buffett said that, with a little luck, Berkshire should need only five or six CEOs over the next century.
Prediction · 10 Nov 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
10 Nov 2025 |
In aggregate, Berkshire’s businesses have moderately better-than-average prospects, led by a few non-correlated and sizable gems.
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
Berkshire has less chance of a devastating disaster than any business I know.
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
10 Nov 2025 |
I would like to keep a significant amount of “A” shares until Berkshire shareholders develop the comfort with Greg that Charlie and I long…
Not checkable · 10 Nov 2025 |
|
| Not checkable |
Not checkable |
2025 |
And he also understands that if you start fooling your shareholders, you will soon believe your own baloney and be fooling yourself as well.
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
Warren Buffett first heard of Forest River, the Indiana RV company founded by Pete Liegl, on June 21, 2005.
Factual · 2025 |
Their own work or organisation |
| Not researched |
Factual |
2025 |
From the start of its Japanese investments, Berkshire agreed to keep its holdings below 10% of each of the five companies' shares.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
This system is called capitalism.
Not checkable · 2025 |
|
| Unresolvable |
Prediction |
2025 |
A truly staggering insurance loss will occur someday, and there is no guarantee there will be only one per year.
Prediction · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
We are not deterred by the dramatic and growing loss payments sustained by our activities.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
Over the past two decades Berkshire's insurance business generated $32 billion of after-tax underwriting profits, about 3.3 cents per dollar of sales after income tax.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
Berkshire would not have achieved its results in any locale except America whereas America would have been every bit the success it has…
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
their top managers are far less aggressive in their compensation programs than their U.S. counterparts.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
With marketable equities, it is easier to change course when I make a mistake.
Not checkable · 2025 |
|
| Mostly true |
Promise |
2025 |
Buffett will personally match whatever is raised through the sale of the 20 autographed "Charlie" books for the Stephen Center.
Promise · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
Under Ajit, our insurance operation has blossomed from an obscure Omaha-based company into a world leader, renowned for both its taste for…
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Paper money can see its value evaporate if fiscal folly prevails.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
We own nothing that is a major drag, but we have a number that I should not have purchased.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Our goal is that you get many of your questions answered, that you connect with friends, and that you leave with a good impression of Omaha.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
That taboo, implying managerial perfection, always made me nervous
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
Late in 2024 Berkshire raised its ownership of its utility operation from about 92% to 100% at a cost of roughly $3.9 billion, $2.9 billion in cash and the balance in B shares.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
Though the price I paid for Berkshire looked cheap, its business – a large northern textile operation – was headed for extinction.
Not checkable · 2025 |
|
| Resolved true |
Factual |
2025 |
Warren Buffett received an education at three universities.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
P/C insurance growth is dependent on increased economic risk.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Greg and I have no view on future foreign exchange rates and therefore seek a position approximating currency-neutrality.
Not checkable · 2025 |
|
| Unresolvable |
Factual |
2025 |
Berkshire's insurance operations are not dependent on reinsurers.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
Mistakes fade away; winners can forever blossom.
Not checkable · 2025 |
|
| Unresolvable |
Prediction |
2025 |
Buffett said he expects that Greg and his eventual successors will hold Berkshire's Japanese position for many decades, and that Berkshire will find other ways to work productively with the five companies in the future.
Prediction · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
A decent batting average in personnel decisions is all that can be hoped for.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
During the next 19 years, Pete shot the lights out.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Sometimes I’ve made mistakes in assessing the future economics of a business I’ve purchased for Berkshire – each a case of capital…
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
In five years, Todd Combs has reshaped GEICO in a major way, increasing efficiency and bringing underwriting practices up to date.
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
Warren Buffett used the words "mistake" or "error" 16 times in his shareholder letters during 2019-23.
Factual · 2025 |
Their own work or organisation |
| Resolved true |
Factual |
2025 |
When buying Forest River, Warren Buffett asked Pete Liegl what his compensation should be and said he would accept whatever Liegl named.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
The Berkshire directors and I immensely enjoy having you come to Omaha, and I predict that you will have a good time and likely make some…
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
I hope you will join us in Omaha on May 3rd.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Our goal is to communicate with you in a manner that we would wish you to use if our positions were reversed
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
EBITDA, a flawed favorite of Wall Street, is not for us.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
I’ve observed, however, that a very large portion of business talent is innate with nature swamping nurture.
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
Berkshire has a growing investment in Japan, an exception to its otherwise U.S.-based focus.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
Our measure excludes capital gains or losses on the stocks and bonds we own, whether realized or unrealized.
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
Over the past two decades Berkshire's insurance float grew from $46 billion to $171 billion.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
I suggested she and I co-sign 20 copies to be given to any shareholder contributing $5,000 to the Stephen Center that serves homeless…
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
Both of us like their capital deployment, their managements and their attitude in respect to their investors.
Not checkable · 2025 |
|
| Unresolvable |
Prediction |
2025 |
Over time Berkshire's ownership stake in all five Japanese companies will likely increase somewhat.
Prediction · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
That move was a mistake – my mistake – and one that plagued us for two decades.
Not checkable · 2025 |
|
| Not researched |
Factual |
2025 |
At year-end 2024 Berkshire's aggregate cost for its holdings in the five Japanese companies was $13.8 billion and their market value totaled $23.5 billion.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
That policy is corporate suicide.
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
We simply looked at their financial records and were amazed at the low prices of their stocks.
Not checkable · 2025 |
|
| Mostly true |
Factual |
2025 |
Becky Quick and her CNBC crew transmit Berkshire's meetings worldwide and archive much Berkshire-related material.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
We like the current math of our yen-balanced strategy as well.
Not checkable · 2025 |
|
| Own records only |
Factual |
2025 |
Greg Abel has met many times with the managements of the five Japanese trading companies, and Buffett regularly follows their progress.
Factual · 2025 |
Their own work or organisation |
| Not checkable |
Not checkable |
2025 |
It has its faults and abuses – in certain respects more egregious now than ever – but it also can work wonders unmatched by other economic…
Not checkable · 2025 |
|
| Not checkable |
Not checkable |
2025 |
It would be foolish – make that madness – to write ten-year policies for these coverages, but we believe one-year assumption of such risks…
Not checkable · 2025 |
|