Emmet
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, that's right.
But it was typical of Warren.
He kept the cards close to his chest.
He hadn't told Abel beforehand, who, by the way, was sitting next to him on stage.
It can't be that shocking.
And I'm sure, well, at least that's how the story goes.
He wasn't told.
It'd be a little bit surprising if a word wasn't whispered in his ear.
So the room first murmured and then stood and applauded for several minutes.
I mean, it's total stock market geekery.
And Buffett let it happen.
He allowed the applause to do their thing and move on.
And I read at the time that it was the most consequential five seconds of capital market news in a generation.
And he delivered it like a man announcing the cafeteria switching dessert vendors.
So it was complete, total Warren.
Oh, by the way, this guy is the new CEO.
I'm going to recommend this guy.
Everyone stands in applause.
And then he just kind of keeps going on.