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Published · transcript-backed

David Rosenthal: belief

12 May 2021 Acquired Berkshire Hathaway Part II

“Now, what was interesting in that story though was I think GEICO and Byrne were the first to actually pull out of states.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
12 May 2021
Publisher
Acquired

Transcript context

…Right. It's not like they corporate [...] it, went in, and it was going to go perfectly fine, but then they destroyed it Toys-R-Us style. Now, what was interesting in that story though was I think GEICO and Byrne were the first to actually pull out of states. Nobody has ever done that before. They did sort of cross a Rubicon. Yeah, I don't know, it's a good question. Certainly, Salomon Brothers, you could debate a lot of value destruction there in aggregate. From the entire time they were shareholders, certainly.…

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