ClaimsPeople

Warren Buffett

Warren Buffett led Berkshire Hathaway as chairman from 1970 and as CEO until January 1, 2026, and now serves as chairman emeritus and a board member.

1,556 claims collected, 281 researched, 78 resolved. Report of 5 November 2026, method 0.1.0+28da144b.

Scores by kind of claim

Each kind of claim is scored on its own, out of 100: the share that held up, with the range it likely falls in. Fewer resolved claims give a wider range.

  • Factual claims

    Statements about the present or the past, checked against the record: did they hold up?

    85 79 91

    High confidence, 51 factual claims resolved. From 14 documents, 2001 to 2026; 15 documents sampled from 31 candidates found.

    Not scored: 51 unresolvable, 45 checkable only against their own records.

  • Predictions

    Statements about events outside the person's control, checked once they fell due: did they come true?

    78 65 89

    Low confidence, 14 predictions resolved. From 6 documents, 2001 to 2024; 15 documents sampled from 31 candidates found.

    Not scored: 71 unresolvable, 2 checkable only against their own records. 10 more fall due later.

    Does not yet allow for how likely each prediction was when made.

  • Promises

    Commitments to the person's or organisation's own future action, with something to deliver: was it delivered?

    72 57 85

    Low confidence, 12 promises resolved. From 7 documents, 2001 to 2026; 15 documents sampled from 31 candidates found.

    Not scored: 17 unresolvable, 4 not yet due, 1 checkable only against their own records.

  • Guidance

    A company's own figures for its results over a period, checked against what it then reported.

    Insufficient record: 1 guidance claim resolved, 5 needed for a score.

    Not scored: 2 unresolvable.

All types combined: 82 (likely 76 to 87, high confidence), from 77 claims: 51 factual claims, 14 predictions, 12 promises. It mixes kinds of claim in different proportions for different people, so compare people kind by kind.

Warren Buffett's claims

1,556 claims, sorted by newest said. Choose a claim to read it in full.
VerdictKindSaidClaimTopic
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
Not checkable Not checkable 18 Sep 2026 He has, however, been generous with me. Not checkable · 18 Sep 2026
Not checkable Not checkable 18 Sep 2026 So the timing is right to complete the transition. Not checkable · 18 Sep 2026
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
Not checkable Not checkable 18 Sep 2026 Part of the reason is Greg. Not checkable · 18 Sep 2026
Not checkable Not checkable 18 Sep 2026 Howard cares deeply about Berkshire, as do all of our Directors. Not checkable · 18 Sep 2026
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
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
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
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
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
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
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
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
Not checkable Not checkable 10 Nov 2025 I enjoy the chance to keep in touch with you. Not checkable · 10 Nov 2025
Not checkable Not checkable 10 Nov 2025 Through dumb luck, I drew a ridiculously long straw at birth. Not checkable · 10 Nov 2025
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
Back to the list

Not checkable

“P/C insurance growth is dependent on increased economic risk.”

Warren Buffett 2025 Berkshire Hathaway 2024 Annual Report (Berkshire Hathaway)

P/C insurance growth is dependent on increased economic risk.

Not checkable An opinion, value judgement or statement with nothing to check.

Cite this claim

Warren Buffett, “P/C insurance growth is dependent on increased economic risk.” (said 2025). Verdict: not checkable. Reliability API, claim c_4e195608b210, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_4e195608b210

Claims without a verdict

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