| Not researched |
Factual |
5 May 2024 |
Berkshire Hathaway lost money on its Paramount investment.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
Omaha is a railroad town.
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Not checkable |
5 May 2024 |
We can’t buy 90% or 80% or anything like that.
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5 May 2024 |
you can’t solve everything in life.
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5 May 2024 |
And if 800 other companies had done the same thing, no other person in the United States would have had to pay a dime of federal taxes…
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5 May 2024 |
there really isn’t any alternative to the dollar as a reserve currency.
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5 May 2024 |
we do not want to try and have 200 people around that are managing a billion each.
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5 May 2024 |
So we love owning a business like that.
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5 May 2024 |
He has to tell the directors about what should be done if anything happens to him.
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5 May 2024 |
That’s just the cost of doing business.
Not checkable · 5 May 2024 |
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| Not yet due |
Prediction |
5 May 2024 |
The next major financial crisis will occur within a century, though timing is unknown.
Prediction · 5 May 2024 |
Economics and markets |
| Not researched |
Factual |
5 May 2024 |
Buffett said Berkshire has had some experience with distribution businesses and knows, to a degree, their potential and their limitations.
Factual · 5 May 2024 |
Economics and markets |
| Not researched |
Factual |
5 May 2024 |
Plane crashes are rare, while car crashes happen all the time.
Factual · 5 May 2024 |
Other |
| Not checkable |
Not checkable |
5 May 2024 |
If they pick the right CEO, that’s 99% of the job of the directors.
Not checkable · 5 May 2024 |
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| Not yet due |
Prediction |
5 May 2024 |
Over the next century no company will be dramatically better than others in returns.
Prediction · 5 May 2024 |
Economics and markets |
| Not researched |
Citation |
5 May 2024 |
The basic principle of Buffett's investing approach was laid out by Ben Graham in a book Buffett bought for a couple of dollars.
Citation · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
What you should probably ask yourself is that who do you feel that you’d want to start spending the last day of your life with?
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5 May 2024 |
And the power of that genie is what, you know, scares the hell out of me.
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5 May 2024 |
And I don’t think it would have come down that way without him.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Buffett described images that reproduced him and delivered a message that did not come from him.
Factual · 5 May 2024 |
AI safety and alignment |
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5 May 2024 |
I feel very, very, very good about how things have turned out.
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5 May 2024 |
Well, too bad you didn’t add that.
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| Not researched |
Factual |
5 May 2024 |
In the 1990s, statistics from Ty Cobb's playing days were found to have been faulty, and he actually batted .366 because a couple of bad at-bats had not been counted.
Factual · 5 May 2024 |
Other |
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5 May 2024 |
And he understands businesses extremely well.
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5 May 2024 |
It’s sort of like Charlie said about marrying the best person that will have you.
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5 May 2024 |
But we’re not going to throw good money after bad in the field.
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5 May 2024 |
It’s happened, and you get to live the rest of [your] life, and you don’t know how long it’s going to be.
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5 May 2024 |
Don’t wear out all your clapping on Charlie.
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5 May 2024 |
Find the person that you like to share your life with in many cases.
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5 May 2024 |
find the job that you would like to have if you didn’t need a job.
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5 May 2024 |
the right CEO can’t make a terrible business great.
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5 May 2024 |
they’d be collecting $8 billion a year from people who aren’t getting any dividends from us.
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5 May 2024 |
We’re not positioned, though, however, to earn extraordinary returns versus what American business generally earns.
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5 May 2024 |
I can’t remember any time that he was mad at me or I was mad at him.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
The US federal corporate tax rate was 35% not long ago and was 52% at times during Buffett's career.
Factual · 5 May 2024 |
Economics and markets |
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Not checkable |
5 May 2024 |
The problem is I really don’t know anything about AI, obviously.
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| Not researched |
Factual |
5 May 2024 |
Union Pacific, BNSF's main competitor, fell far behind 20 or 25 years ago.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
So we do not feel uncomfortable in any way, shape or form putting our money into Canada.
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| Not researched |
Factual |
5 May 2024 |
Four American presidents died intestate, without wills.
Factual · 5 May 2024 |
Philosophy, ethics and society |
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Not checkable |
5 May 2024 |
But they don’t have a, they don’t have a mental, we don’t have any mental blocks about that country.
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| Unresolvable |
Prediction |
5 May 2024 |
With a million dollars, an investor who studies small companies could earn 50% a year.
Prediction · 5 May 2024 |
Economics and markets |
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5 May 2024 |
But if you’re thinking that way, you’re more likely to get there.
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5 May 2024 |
I think I’ve missed a lot of stuff in the past, so I’m actually wiser about doing that now.
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5 May 2024 |
I mean, scamming has always been part of the American scene, but this would make me, if I was interested in investing in scamming, [think]…
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5 May 2024 |
should be reasonably easy if you just don’t get talked out of doing what has worked in the past
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5 May 2024 |
Good question. I’m glad you came.
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| Not researched |
Factual |
5 May 2024 |
In 2008 Berkshire had capital, eagerness to act, and a government that viewed it as an asset rather than a liability.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
I don’t know anything about AI
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Not checkable |
5 May 2024 |
And if you copy the right people, you’re off to a great start.
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5 May 2024 |
There’s a great advantage in not knowing where you’re going, what day you’re going to die.
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5 May 2024 |
I haven’t been able to do that.
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5 May 2024 |
But GEICO and Progressive has done a better job [at] that recently.
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5 May 2024 |
But in utilities, the trade has been, the compact has been that you get a modest return.
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5 May 2024 |
our managers do not have necessarily the same equations in mind that we do.
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5 May 2024 |
Anybody that says I did it all myself is just kidding.
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5 May 2024 |
If something happened to Greg today, everybody says, don’t travel on the same plane.
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5 May 2024 |
Over time, Charlie and I, we missed a lot of things, and what we really regretted was missing something that [should have been] very big.
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5 May 2024 |
I would try and know everything about everything small, and I would find something.
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5 May 2024 |
But from that, he built an incredible company, and he built it because he was the best manager I’ve ever met.
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5 May 2024 |
There are other things that we own that we aren’t in for keeps.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
More than 99% of Warren Buffett's wealth is going to philanthropy.
Factual · 5 May 2024 |
Philosophy, ethics and society |
| Not checkable |
Not checkable |
5 May 2024 |
And there will be occasional times when we’re the only one willing to act.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Carol has edited Berkshire's annual report from 1977 through this year's report.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
But I think the responsibility ought to be entirely with Greg.
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5 May 2024 |
We only swing at pitches we like.
Not checkable · 5 May 2024 |
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5 May 2024 |
We didn’t learn how to run a department store.
Not checkable · 5 May 2024 |
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| Unresolvable |
Prediction |
5 May 2024 |
Buffett said he did not think "we" would end up with a better system, speaking in the context of Berkshire's real estate brokerage business.
Prediction · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
And Ty Cobb, .367 is immortal.
Not checkable · 5 May 2024 |
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5 May 2024 |
I salute her.
Not checkable · 5 May 2024 |
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5 May 2024 |
It’s obviously, if it’s used in a pro-social way, it’s got terrific benefits to society.
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5 May 2024 |
But we’re not in the business of going out after small acquisitions
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5 May 2024 |
I’m not sure that the world will be better off if I’m richer
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5 May 2024 |
So it’s probably the most important letter ever written
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Charlie Munger twice pounded the table urging Buffett to buy, once for BYD and once for Costco.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
It doesn’t bother me in the least to write that check.
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Not checkable |
5 May 2024 |
He behaved wonderfully with Berkshire.
Not checkable · 5 May 2024 |
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| Resolved true |
Factual |
5 May 2024 |
Buffett said he was responsible for the purchase and for the operation until Greg Abel took over.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
So I just want to tell you that it’s inspiring to work for a group of shareholders
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Coca-Cola does business around the world to a degree few companies match, being the preferred soft drink in roughly 170 to 180 of 200 countries.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
See’s Candy was also a study of consumer behavior.
Not checkable · 5 May 2024 |
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| Unresolvable |
Prediction |
5 May 2024 |
Buffett, who said he does not really know anything about AI, said it will affect anything labor-intensive and can create an enormous amount of leisure time.
Prediction · 5 May 2024 |
AI, the economy and work |
| Not checkable |
Not checkable |
5 May 2024 |
So I don’t have any advice on how the world handles it because I don’t think we know how to handle what we did with the nuclear genie.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Berkshire released its first-quarter 2024 results on the morning of the meeting at 7:00 am Central time.
Factual · 5 May 2024 |
Their own work or organisation |
| Resolved false |
Promise |
5 May 2024 |
Poor Charlie's Almanack will be the only book at the Berkshire meeting bookstore next year.
Promise · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
I don’t think anybody sitting at this table has any idea of how to use it effectively.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
And then, but he filled in all the blanks in my mind as I sat there on that Saturday afternoon.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
Yeah, no, obviously there aren’t as many big companies up there as there are in the United States.
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| Not checkable |
Not checkable |
5 May 2024 |
Yeah, we still will want to buy real estate brokerages at the right price
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
And the value it offers is incredible.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
I mean, if accidents get reduced 50%, it’s going to be good for society and it’s going to be bad for insurance companies.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
The one thing lawyers will always tell you is don’t use codicils.
Not checkable · 5 May 2024 |
|
| Unresolvable |
Prediction |
5 May 2024 |
Solar will never be the only source of electricity, barring real breakthroughs in storage.
Prediction · 5 May 2024 |
Technology |
| Not checkable |
Not checkable |
5 May 2024 |
If he’d been a jerk, you know, we’d have quit the textile business much faster, and we’d have been better off.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
And I always tell students to take the job.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
90% of the people need help in buying a home or selling one.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
The donor's gift lets 100-plus students, eventually closer to 150, start out debt-free.
Factual · 5 May 2024 |
Philosophy, ethics and society |
| Not checkable |
Not checkable |
5 May 2024 |
And their job is to make sure the lights stay on.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Buffett is not running a hedge fund or receiving an override (performance fee) on managing money.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
I knew they didn’t like to buy it, but I knew they couldn’t drive without it.
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
But the electric utility industry will never be as good as, I mean, just remotely as good as, you know, the kind of businesses we own in…
Not checkable · 5 May 2024 |
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