Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
7 Jun 2021 Acquired Berkshire Hathaway Part III
“Yup. But it is an approach that I think is more suited to—if you believe the hypothesis that the world today is more about change than Buffett's world when he was in his prime, the Sequoia approach is the better approach in today's world I think.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 7 Jun 2021
- Publisher
- Acquired
- Episode
- Berkshire Hathaway Part III
Transcript context
…It's interesting. But remember that thing I mentioned earlier with the expected value calculation of the probability something could happen in the outcome, it happens. Sequoia is doing the exact opposite of the Buffett thing. It's a shot on goal where each shot could be absolutely huge. It’s obviously an extremely different asset class. Yup. But it is an approach that I think is more suited to—if you believe the hypothesis that the world today is more about change than Buffett's world when he was in his prime, the Sequoia approach is the better approach in today's world I think. Fascinating. We're going to rile up all the growth versus value people out there.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.