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
campaign capacity change father great instilled mother office political ran thankless
When I was 5, my father was very much my hero. And he ran for political office in a very thankless campaign for a very thankless position. And he did it because his mother had instilled in him, if you are someone who has the capacity to make a great change, you have the responsibility.
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.
ecosystems soil capacity
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.
mean people greed
I mean people, people don't get ,they don't get smarter about things that get as basic as greed and you can't stand to see your neighbor getting rich. You know you're smarter than he is, and he's doing these things, you know, and he's getting rich, and your spouse is getting unhappy with you because you aren't doing pretty soon you start doing it. And so you get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
years greed tragedy
You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you've had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early '80s.
athlete people ingredients
The American worker is more productive than he's ever been. We've got more people to do it. We've got all the ingredients for a sensational future. It's just that right now the athlete's on the floor. This is a super athlete.
geek formulas knows
Beware of geeks, you know, bearing formulas.
jobs government talking
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.
mean people guy
People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.
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.
mean ideas saving
Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.And it reflects American's consumption ideas rather than its savings ideas.
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.
investing-money want buffets
You want to be greedy when others are fearful.
athlete economy cardiac
We have a terrific economy, it's like a great athlete that's had a cardiac arrest.