Evidence receipt / commitment
Published · transcript-backedDavid Rosenthal: commitment
21 Apr 2021 Acquired Berkshire Hathaway Part I
“To which he writes, all I can say is that I'm going to do so, hold the stock, and I plan to buy more.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- commitment
- Recorded
- 21 Apr 2021
- Publisher
- Acquired
- Episode
- Berkshire Hathaway Part I
Transcript context
…We keep mentioning Charlie here. Do not worry. Stay tuned. We'll have the full Munger story in part two. In part two, and 2% of Blue Chip Stamps which is another Charlie JV, and that's it. He also owns the Omaha Sun which was a vanity purchase to get back to his newspaper roots. The partners have to decide with these private companies, Berkshire, Diversified, Blue Chip and the Sun whether they want to sell their stake and Buffett says he's happy to buy their stakes from them if they want to sell or they want to keep them. He writes long FAQ to the partners including, should I hold my stock in the private companies? To which he writes, all I can say is that I'm going to do so, hold the stock, and I plan to buy more. With that cryptic statement, he drops the mic. He's out of the game. He owns how much of Berkshire Hathaway at this point?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.