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5 May 2024 |
We always hope, at Berkshire, to pay substantial federal income taxes.
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| Not researched |
Factual |
5 May 2024 |
The United States has contributed most to the climate change problem, more than any other country.
Factual · 5 May 2024 |
Other global risks |
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5 May 2024 |
And we would be certainly good for 100 billion or more, but we’re not going to throw good money after bad.
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5 May 2024 |
One is if you need the money, but that doesn’t happen very often with us.
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5 May 2024 |
I don’t adapt myself terribly well to different cultures, and some people are really good at it, and almost anybody’s better than I am.
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5 May 2024 |
So if we’d operated in a non inflationary world, Geico would not be a $40 billion company.
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| Unresolvable |
Factual |
5 May 2024 |
A significant number of Berkshire shareholders across the US have given $100 million or more to local charities.
Factual · 5 May 2024 |
Philosophy, ethics and society |
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5 May 2024 |
But on the other hand, we would like to be growing with something that is the best model around in the insurance business of delivering at…
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| Not researched |
Factual |
5 May 2024 |
Buffett said that the woman he was describing never took an accounting course and became, in his words, "the best business writer in the United States."
Factual · 5 May 2024 |
Their own work or organisation |
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5 May 2024 |
And I just don’t know how that plays out.
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5 May 2024 |
And what I like is actually having more problems to solve.
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| Mostly true |
Factual |
5 May 2024 |
Buffett first went to GEICO in 1950.
Factual · 5 May 2024 |
Their own work or organisation |
| Not researched |
Factual |
5 May 2024 |
Berkshire paid over $5 billion in taxes to the US federal government in 2023.
Factual · 5 May 2024 |
Economics and markets |
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5 May 2024 |
I just learned more as I went along.
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5 May 2024 |
I don’t think you’ll actually mind the fact that we sold a little Apple this year.
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5 May 2024 |
There are certain parts of it that are almost impossible for competitors to imitate, and if I was in their shoes, I wouldn’t try and…
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5 May 2024 |
And I almost can’t imagine anything working better because Greg in a year accomplishes.
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5 May 2024 |
I would say that, for example, that anybody that wants to retire at 65 would be disqualified from being CEO of Berkshire.
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5 May 2024 |
I think I’m surprised at the decision, but we get surprised indecisions in the insurance business lots of times.
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5 May 2024 |
We’ll do it right. They’ll make the right decision.
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5 May 2024 |
Japan was great, and India could be great, but India and Japan aren’t the same.
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5 May 2024 |
I can’t really think of any company that has it.
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5 May 2024 |
I went through many, many years doing the wrong thing.
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5 May 2024 |
I would not have been a heavy favorite, I can tell you that.
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| Own records only |
Factual |
5 May 2024 |
Buffett turned handling of the real estate brokerage settlement over 100% to Craig (Berkshire HomeServices), who kept him informed.
Factual · 5 May 2024 |
Economics and markets |
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Not checkable |
5 May 2024 |
I don’t worry about the quantity, I worry about the fiscal deficit
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| Own records only |
Factual |
5 May 2024 |
Buffett read through the Moody's Transportation Manual a couple of times when he was about 20 or 21.
Factual · 5 May 2024 |
Their own work or organisation |
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5 May 2024 |
So I think Greg may have even more fun than I had in a period when extraordinary things were happening
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| Not researched |
Factual |
5 May 2024 |
Berkshire has created an insurance structure that did not exist when Ajit Jain joined in 1986.
Factual · 5 May 2024 |
Economics and markets |
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5 May 2024 |
Well, that’s a very perceptive question, and it’s been answered in a temporary manner, but who knows how the situation will develop in the…
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| Mostly true |
Factual |
5 May 2024 |
Buffett said that the previous year he had said that developing nuclear weapons let a genie out of the bottle, and that the genie has been doing terrible things lately.
Factual · 5 May 2024 |
Other global risks |
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5 May 2024 |
investment managers who get paid based on assets managed [are] interested in selling you their services.
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5 May 2024 |
I’m perfectly happy with the way we’ve handled.
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5 May 2024 |
It isn’t like I’ve got a hunger strike or something like that going on.
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5 May 2024 |
but you can be kind.
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5 May 2024 |
Paul Andrews was the real McCoy, and he was an amazing man.
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5 May 2024 |
And if we get the wrong person, then the directors have to do something about it, and that probably won’t happen.
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| Unresolvable |
Factual |
5 May 2024 |
Buffett kept Berkshire in the textile business as long as he did partly because he liked Ken Chase, who ran it.
Factual · 5 May 2024 |
Economics and markets |
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5 May 2024 |
We didn’t know how to make candy.
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5 May 2024 |
But if we don’t do it, you know, it just doesn’t make that much difference.
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| Unresolvable |
Factual |
5 May 2024 |
A great many Berkshire shareholders make large charitable gifts anonymously.
Factual · 5 May 2024 |
Philosophy, ethics and society |
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5 May 2024 |
I don’t know how you make sure that that’s what happens any more than I know how to be sure that when you use two atomic bombs in World War…
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5 May 2024 |
On average, it’s the right decision, but correct it if it turns out to be the wrong decision.
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| Not researched |
Factual |
5 May 2024 |
A Berkshire shareholder gave away about a billion dollars of Berkshire stock to other people.
Factual · 5 May 2024 |
Philosophy, ethics and society |
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5 May 2024 |
It sort of restores your faith in humanity
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5 May 2024 |
So we’ll see how the next management plays the game out at Berkshire.
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5 May 2024 |
If they happen to be great at serving customers and understand their own industry and all of that, they can be great managers.
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| Not researched |
Factual |
5 May 2024 |
GEICO has lower costs than virtually any other auto insurer.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
As I mentioned in the annual report, railroads are absolutely essential to the country.
Not checkable · 5 May 2024 |
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| Own records only |
Factual |
5 May 2024 |
Buffett does not get phone calls from Berkshire's operating managers.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
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5 May 2024 |
So it isn’t, it’s not in the least a survival question, and it isn’t even exactly a profitability thing.
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5 May 2024 |
Carol is the best business writer.
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5 May 2024 |
I don’t know the managers as well as I would have when we were smaller and when I could get more accomplished in a day than I can now.
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5 May 2024 |
There’s all kinds of things come up in business, and we just play the ball wherever we find it.
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5 May 2024 |
Well, there’s no question you’re 100% right in terms of having the right heroes.
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5 May 2024 |
Insurance always looks easier than it is, and it’s so much fun because you get the money at the start
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| Resolved true |
Factual |
5 May 2024 |
Bill Gates is working on batteries that last longer.
Factual · 5 May 2024 |
Technology |
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5 May 2024 |
But you have to be alert to how what human nature does to both other people and to you.
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5 May 2024 |
But you have to be in love with the subject. You can’t just be in love with the money.
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5 May 2024 |
So we will be American-oriented.
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5 May 2024 |
We never worried about missing something that we didn’t understand.
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5 May 2024 |
Charlie and I look at common stocks or marketable equities as businesses.
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5 May 2024 |
But I should have been more aggressive in Costco.
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5 May 2024 |
It would be absolutely crazy for anybody, for our board of directors to ever pick anybody to run this business that thought, you should…
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5 May 2024 |
It’s the people that you want to be [like] yourself.
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5 May 2024 |
I’m not the one to do it, but that may be something that in the future, it might be opportunities.
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5 May 2024 |
And insurance is the most important business at Berkshire.
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5 May 2024 |
Yeah, we’ve got the capital to do whatever makes the most sense in a place like Nevada and the Nevada, I don’t know.
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5 May 2024 |
You can’t change the past, but you can change the future.
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5 May 2024 |
And I can understand why people want it done overnight, but it is going to take a lot of money.
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5 May 2024 |
he was the man for that crisis.
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5 May 2024 |
That’s what a board of directors is for.
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5 May 2024 |
I don’t think that we bring any special talent to that field.
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5 May 2024 |
So all I know is the human brain is complicated, but it does its best when you find out what your brain is really suited for, and then you…
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| Not researched |
Factual |
5 May 2024 |
Greg Abel became Berkshire vice chairman in charge of everything except insurance, expanding his role.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
each time I read it, I realized that I just needed to think a little more deeply about certain things.
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5 May 2024 |
But whether you earn x or go broke is not an equation that works.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Abraham Lincoln was one of the four US presidents who died without a will.
Factual · 5 May 2024 |
Philosophy, ethics and society |
| Not yet due |
Prediction |
5 May 2024 |
Berkshire's CEO succession is settled for the next 20 years unless something untoward happens.
Prediction · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
We’re in it, and we’re in it for keeps.
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| Not checkable |
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5 May 2024 |
I really enjoy managing money for people who trust me.
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| Not checkable |
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5 May 2024 |
but I don’t mind at all, under current conditions, building the cash position.
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5 May 2024 |
Charlie and I made decisions extremely fast.
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5 May 2024 |
Charlie liked learning.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Berkshire is paying a 21% federal tax rate on the gains it is realizing from selling Apple shares.
Factual · 5 May 2024 |
Their own work or organisation |
| Not checkable |
Not checkable |
5 May 2024 |
Tim was the perfect partner to serve sequentially with him.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
A couple of Berkshire directors had doubts about buying into Pilot, and the Pilot investment is working out well for Berkshire.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
I can say my great skill has been avoiding bad luck, but that isn’t a skill.
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5 May 2024 |
I certainly would consider him but I say the probability of that happening is low.
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5 May 2024 |
I shouldn’t be taking on any four year employment contracts like several people doing in this world in an age where you can’t be quite that…
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| Not checkable |
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5 May 2024 |
We had as much fun, perhaps even more to some extent, with things that failed, because then we really had to work and work our way out of…
Not checkable · 5 May 2024 |
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| Not checkable |
Not checkable |
5 May 2024 |
Marketable securities are important, but they’re not in the class exactly as our insurance business.
Not checkable · 5 May 2024 |
|
| Unresolvable |
Factual |
5 May 2024 |
Berkshire has not historically been very tough on managers who coasted.
Factual · 5 May 2024 |
Their own work or organisation |
| Not researched |
Factual |
5 May 2024 |
The person Buffett referred to correctly predicted that output per capita would grow at the rapid rate it has since.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
it is absolutely true that if I had to do over again, there’d be a lot of different choices I would make
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Statistics for Ty Cobb were found faulty in the 1990s, and he actually batted .366 career.
Factual · 5 May 2024 |
Other |
| Not researched |
Factual |
5 May 2024 |
In the 1930s, Senator George Norris turned Nebraska into a public power state.
Factual · 5 May 2024 |
AI policy and governance |
| Not checkable |
Not checkable |
5 May 2024 |
We just don’t have the people for it, and it wouldn’t move the needle anyway.
Not checkable · 5 May 2024 |
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| Not researched |
Factual |
5 May 2024 |
Berkshire's net worth has grown from $20 million to $570 billion under Buffett.
Factual · 5 May 2024 |
Economics and markets |
| Not checkable |
Not checkable |
5 May 2024 |
they need to think for themselves on this rather than bow to conventional wisdom
Not checkable · 5 May 2024 |
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