Howard Warren Buffett
Howard Warren Buffett
Howard Warren Buffettis a faculty member at Columbia University's School of International and Public Affairs and was previously the executive director of the Howard G. Buffett Foundation, a private philanthropic foundation that funds initiatives aimed at improving the standard of living and quality of life for the world’s most impoverished and marginalized populations. He previously led agriculture-based economic stabilization and redevelopment programs in Iraq and Afghanistan while at the United States Department of Defense, and as a policy advisor...
NationalityAmerican
ProfessionEducator
Date of Birth14 October 1983
CountryUnited States of America
country crazy thinking
I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.
country thinking done
We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
running mean thinking
It will be good for us in the long run, and I mean there are six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if the remainder do. And I think if they can learn something from us in terms of our system, and I think they have, they are learning more about how to unleash the potential of their citizenry to turn out more goods and services that their citizens want or that we want, I think that's terrific.
crazy thinking would-be
I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.
zero smart thinking
If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich. If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball. And everybody thinks they're going to leave at two minutes to 12.
mean thinking oxygen
I mean the whole economy just comes to a grinding halt. Competence in markets and in institutions, it's a lot like oxygen.Indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing you think about. And the oxygen has been sucked out of the credit markets.
thinking people income
I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.
thinking numbers cash
You get in a lot of trouble when you start putting fictitious numbers on value. I think to just say, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today. And I think once you start putting phony figures into financial statements, you get in a lot of trouble.
lying thinking years
If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year. And when somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have what they call social tools, and, you know, you're going to feel like an idiot if you didn't do it, because the house cost more.
county omaha pulled work younger
I was pulled out of Omaha when I was younger because my father started to work, when he was done serving as county commissioner, at Archer Daniels Midland.
change country dad food given home invited mean people seeing spent time traveling trip
I've spent so much time with my dad traveling and seeing the ground-level change that we've been able to make through philanthropy and trip over trip, time over time, country over country, home after home we've been invited into, given tea, given food that people didn't have to give us, I mean all of these things.
family home projects
If I'm home, I'll be happy. And if I'm around family, and if I'm working on projects with friends, I don't know what else I'd want to be doing.
capacity directly health precious productive related soil
Soil is a living ecosystem, and is a farmer's most precious asset. A farmer's productive capacity is directly related to the health of his or her soil.
highly organic organisms people
There are more living organisms in a tablespoon of highly organic soil than there are people on the planet.