I could end the deficit in 5 minutes. You just pass a law

“I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.”

― Warren Buffett

Views: 37

Downloads: 0

Author: Warren Buffett

Similar Quotes

“So smile when you read a headline that says “Investors lose as market falls.” Edit it in your mind to “Disinvestors lose as market falls—but investors gain.” Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: “Every putt makes someone happy.”)” ― Warren Buffett

“More than half of US households are members of Amazon Prime, and Amazon delivered ten billion packages in 2018, which is two billion more than the number of people on this planet.” ― Warren Buffett

“Success is a lousy teacher. It seduces smart people into thinking they can't lose.” ― Warren Buffett

“The vision is really about empowering workers giving them all the information about what’s going on so they can do a lot more than they’ve done in the past.” ― Warren Buffett

“There’s one last way we can cut down on emissions from the food we eat: by wasting less of it. In Europe, industrialized parts of Asia, and sub-Saharan Africa, more than 20 percent of food is simply thrown away, allowed to rot, or otherwise wasted. In the United States, it’s 40 percent. That’s bad for people who don’t have enough to eat, bad for the economy, and bad for the climate. When wasted food rots, it produces enough methane to cause as much warming as 3.3 billion tons of carbon dioxide each year.” ― Warren Buffett

“Business is a money game with few rules and a lot of risk.” ― Warren Buffett

“The world uses more than 4 billion gallons every day. When you’re using any product at that kind of volume, you can’t simply stop overnight.” ― Warren Buffett

“In my view, investing in public libraries is an investment in the nation's future." ― Warren Buffett

“It’s impossible to overstate the unearned privilege I enjoyed: to be born in the rich United States is a big part of a winning birth lottery ticket, as is being born white and male in a society that advantages white men.” ― Warren Buffett

“As a company, one of our greatest cultural strengths is accepting the fact that if you’re going to invent, you’re going to disrupt.” ― Warren Buffett

“Our success at Amazon is a function of how many experiments we do per year, per month, per week, per day.” ― Warren Buffett

“As the famed investor Benjamin Graham said, “In the short term, the stock market is a voting machine; in the long term, it’s a weighing machine.” ― Warren Buffett

“You’ve worn me down” is an awful decision-making process. It’s slow and de-energizing. Go for quick escalation instead – it’s better.” ― Warren Buffett

“It is important to view knowledge as sort of a semantic tree -- make sure you understand the fundamental principles, ie the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.” ― Warren Buffett

“Constantly seek criticism. A well thought out critique of whatever you’re doing is as valuable as gold.” ― Warren Buffett

“Every person in your company is a vector. Your progress is determined by the sum of all vectors. ” ― Warren Buffett

“Life needs to be more than just solving problems every day. You need to wake up and be excited about the future.” ― Warren Buffett

“I could go and buy one of the islands in the Bahamas and turn it into my personal fiefdom, but I am much more interested in trying to build and create a new company.” ― Warren Buffett

“If humanity is to become multi-planetary, the fundamental breakthrough that needs to occur in rocketry is a rapidly and completely reusable rocket … achieving it would be on a par with what the Wright brothers did. It’s the fundamental thing that’s necessary for humanity to become a space-faring civilization. America would never have been colonized if ships weren’t reusable.” ― Warren Buffett

“Science is discovering the essential truths about what exists in the Universe, engineering is about creating things that never existed” ― Warren Buffett