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Published · transcript-backed

David Rosenthal: belief

12 May 2021 Acquired Berkshire Hathaway Part II

“Charlie's reaction to this, I think is very characteristic, very telling of who he is.”

— 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

…Yeah, just tragic. It was totally tragic. Teddy would end up passing away in 1955 at age 9, which is unimaginable to lose a child at all, let alone in that way and at that age. Charlie's reaction to this, I think is very characteristic, very telling of who he is. He's obviously absolutely devastated, but he decides that the thing to do is he needs to set new goals for himself and move forward versus being consumed by grief. After reflecting on this time, he says, one of his Charlie-isms, you should never—when facing some unbelievable tragedy—let one tragedy increase into two or three through your failure of will. Which is probably some advice, not I can imagine going through that. That's also some incredible compartmentalization. Imagine going and speaking to a person who's grieving right now and telling them, hey, don't let this turn into two or three cascading failures or catastrophes. It's all only something you can decide and tell yourself. I think only if you are a person like Charlie.…

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