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 5 May 2024 We always hope, at Berkshire, to pay substantial federal income taxes. Not checkable · 5 May 2024
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
Not checkable Not checkable 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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 One is if you need the money, but that doesn’t happen very often with us. Not checkable · 5 May 2024
Not checkable Not checkable 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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 So if we’d operated in a non inflationary world, Geico would not be a $40 billion company. Not checkable · 5 May 2024
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
Not checkable Not checkable 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… Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 And I just don’t know how that plays out. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 And what I like is actually having more problems to solve. Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 I just learned more as I went along. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I don’t think you’ll actually mind the fact that we sold a little Apple this year. Not checkable · 5 May 2024
Not checkable Not checkable 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… Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 And I almost can’t imagine anything working better because Greg in a year accomplishes. Not checkable · 5 May 2024
Not checkable Not checkable 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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I think I’m surprised at the decision, but we get surprised indecisions in the insurance business lots of times. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 We’ll do it right. They’ll make the right decision. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Japan was great, and India could be great, but India and Japan aren’t the same. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I can’t really think of any company that has it. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I went through many, many years doing the wrong thing. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I would not have been a heavy favorite, I can tell you that. Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 I don’t worry about the quantity, I worry about the fiscal deficit Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 So I think Greg may have even more fun than I had in a period when extraordinary things were happening Not checkable · 5 May 2024
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
Not checkable Not checkable 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… Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 investment managers who get paid based on assets managed [are] interested in selling you their services. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I’m perfectly happy with the way we’ve handled. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 It isn’t like I’ve got a hunger strike or something like that going on. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 but you can be kind. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Paul Andrews was the real McCoy, and he was an amazing man. Not checkable · 5 May 2024
Not checkable Not checkable 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. Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 We didn’t know how to make candy. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 But if we don’t do it, you know, it just doesn’t make that much difference. Not checkable · 5 May 2024
Unresolvable Factual 5 May 2024 A great many Berkshire shareholders make large charitable gifts anonymously. Factual · 5 May 2024 Philosophy, ethics and society
Not checkable Not checkable 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… Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 On average, it’s the right decision, but correct it if it turns out to be the wrong decision. Not checkable · 5 May 2024
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
Not checkable Not checkable 5 May 2024 It sort of restores your faith in humanity Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 So we’ll see how the next management plays the game out at Berkshire. Not checkable · 5 May 2024
Not checkable Not checkable 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. Not checkable · 5 May 2024
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
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 Not checkable 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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Carol is the best business writer. Not checkable · 5 May 2024
Not checkable Not checkable 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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 There’s all kinds of things come up in business, and we just play the ball wherever we find it. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Well, there’s no question you’re 100% right in terms of having the right heroes. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Insurance always looks easier than it is, and it’s so much fun because you get the money at the start Not checkable · 5 May 2024
Resolved true Factual 5 May 2024 Bill Gates is working on batteries that last longer. Factual · 5 May 2024 Technology
Not checkable Not checkable 5 May 2024 But you have to be alert to how what human nature does to both other people and to you. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 But you have to be in love with the subject. You can’t just be in love with the money. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 So we will be American-oriented. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 We never worried about missing something that we didn’t understand. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Charlie and I look at common stocks or marketable equities as businesses. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 But I should have been more aggressive in Costco. Not checkable · 5 May 2024
Not checkable Not checkable 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… Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 It’s the people that you want to be [like] yourself. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I’m not the one to do it, but that may be something that in the future, it might be opportunities. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 And insurance is the most important business at Berkshire. Not checkable · 5 May 2024
Not checkable Not checkable 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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 You can’t change the past, but you can change the future. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 And I can understand why people want it done overnight, but it is going to take a lot of money. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 he was the man for that crisis. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 That’s what a board of directors is for. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I don’t think that we bring any special talent to that field. Not checkable · 5 May 2024
Not checkable Not checkable 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… Not checkable · 5 May 2024
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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 But whether you earn x or go broke is not an equation that works. Not checkable · 5 May 2024
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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I really enjoy managing money for people who trust me. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 but I don’t mind at all, under current conditions, building the cash position. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Charlie and I made decisions extremely fast. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 Charlie liked learning. Not checkable · 5 May 2024
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
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. Not checkable · 5 May 2024
Not checkable Not checkable 5 May 2024 I certainly would consider him but I say the probability of that happening is low. Not checkable · 5 May 2024
Not checkable Not checkable 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… Not checkable · 5 May 2024
Not checkable Not checkable 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
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
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
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
Back to the list

Not checkable

“We always hope, at Berkshire, to pay substantial federal income taxes.”

Warren Buffett 5 May 2024 Transcript: Berkshire's 2024 annual shareholder meeting (Steady Compounding)

We always hope, at Berkshire, to pay substantial federal income taxes.

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

Cite this claim

Warren Buffett, “We always hope, at Berkshire, to pay substantial federal income taxes.” (said 5 May 2024). Verdict: not checkable. Reliability API, claim c_a19b21f4441a, method 0.1.0+28da144b. https://epistacklabs.com/claims/c_a19b21f4441a

Claims without a verdict

Is a verdict here wrong, or do you speak for Warren Buffett? Reply on the claim's own page, with the form at its foot (how replies work). Verdicts are made automatically; how verdicts and scores are made.