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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.” quote by Warren Buffett
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“I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.”

Warren Buffett

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.

Key Takeaway

Consider unconventional financial models.

Themes

finance innovation risk assessment

Mood

analytical cautious

Type

business strategic

When to use this quote

  • investment strategy
  • policy making
  • academic research

Key Concepts

economic modeling historical analysis

Questions to Reflect On

  • What insights could a historical model provide?
  • Are there risks in applying old frameworks today?
A Different Perspective

Historical models may not apply to modern markets.

2.8 out of 5 (10 ratings)

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