Billions Quote by Warren Buffett
“I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.”
About This Quote
Source Speech: Investor Conference, 2023
He must safeguard a massive transaction and manage trust during a critical period before the deal closes.
In simple terms: Protect the deal and maintain trust.
Guard the transaction carefully.
Themes
Mood
Type
When to use this quote
- corporate acquisitions
- financial negotiations
- stakeholder communication
Key Concepts
Questions to Reflect On
- How will you ensure accountability?
- What safeguards are essential?
Large sums increase scrutiny and potential for mismanagement.