Being crazy Quote by Warren Buffett
“I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.”
About This Quote
Source Speech: Annual Berkshire Hathaway Meeting, 2022
Suggests modeling the Reconstruction Finance Corp. could be valuable despite seeming odd.
In simple terms: Unusual models may reveal hidden value.
Consider unconventional financial models.
Themes
Mood
Type
When to use this quote
- investment strategy
- policy making
- academic research
Key Concepts
Questions to Reflect On
- What insights could a historical model provide?
- Are there risks in applying old frameworks today?
Historical models may not apply to modern markets.