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Evidence receipt / commitment

Published · transcript-backed

David Rosenthal: commitment

21 Apr 2021 Acquired Berkshire Hathaway Part I

“All right, I think I can retire and if I set a budget that we can live on in Omaha, I'm going to enjoy the good life.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
commitment
Recorded
21 Apr 2021
Publisher
Acquired

Transcript context

…It's that a few million dollars by today's? Yeah. The average yearly salary for a worker in the United States at that point is $4800, and he has $175,000 saved up in the bank account, and he's 26 years old. They have two kids now, Howie's been born. The plan is he's going to retire. He says, I made my fortune. Susie really wants me to be a father and all that, be involved at home, the small requests. All right, I think I can retire and if I set a budget that we can live on in Omaha, I'm going to enjoy the good life. This is so not Warren. He says, I think we'll set a budget of $12,000 a year. Remember the annual average income... That's 3X.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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