Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
7 Jun 2021 Acquired Berkshire Hathaway Part III
“There are some intangible benefits, I definitely—lots of people, I think ourselves—myself at least included now having done all this work is, alright Warren, you're past the hill on investing.”
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
…Absolutely. There are some real tangible benefits to that like during the financial crisis where like, my god, those deals he was getting on debt and preferred equity coupons, nobody was getting that. The calls he was getting were real tangible benefits. There are some intangible benefits, I definitely—lots of people, I think ourselves—myself at least included now having done all this work is, alright Warren, you're past the hill on investing. Lots of people give him a pass and people still show up to the shareholders meeting and people still hold Berkshire Hathaway shares because they believe in Warren. If Warren’s no longer there, then what? Yeah, Berkshire Hathaway is a religion and an investment. The bear case is that at some point it just becomes an investment.…
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