Part 5/7:
As they delve deeper, Micah provides additional context by noting that Loomis has had a long-standing relationship with Buffett since she first mentioned him in an article back in 1966. He points out that Loomis has been an iconic figure in finance, having given the term "hedge fund" its nomenclature, showcasing her credibility and influence in the financial world.
This historical backdrop provides fertile ground for understanding why Buffett would prioritize Loomis over Quick. Despite Quick's impressive career, Loomis's foundational role in shaping Buffett's narrative—coupled with their continued friendship—positions her as the professional whose contributions Buffett values deeply.