0.0 / 0 votes

I personally think that society is responsible for a very significant percentage of what I've earned. If you stick me down in the middle of Bangladesh or Peru or someplace, you find out how much this talent is going to produce in the wrong kind of soil... I work in a market system that happens to reward what I do very well - disproportionately well. Mike Tyson, too. If you can knock a guy out in 10 seconds and earn $10 million for it, this world will pay a lot for that. If you can bat .360, this world will pay a lot for that. If you're a marvelous teacher, this world won't pay a lot for it. If you are a terrific nurse, this world will not pay a lot for it. Now, am I going to try to come up with some comparable worth system that somehow (re)distributes that? No, I don't think you can do that. But I do think that when you're treated enormously well by this market system, where in effect the market system showers the ability to buy goods and services on you because of some peculiar talent - maybe your adenoids are a certain way, so you can sing and everybody will pay you enormous sums to be on television or whatever -I think society has a big claim on that.

1,747 Views

Warren Buffett

Warren Edward Buffett is an American business magnate, investor, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$86 billion as of December 2019, making him the fourth-wealthiest person in the world.

All Warren Buffett quotes | Warren Buffett Books

2 fans

Discuss this Warren Buffett quote with the community:

0 Comments

    Translation

    Find a translation for this quote in other languages:

    Je pense personnellement que la société est responsable d'un pourcentage très important de ce que j'ai gagné. si vous me collez au milieu du bangladesh ou du pérou ou quelque part, vous découvrez combien ce talent va produire dans le mauvais type de sol... je travaille dans un système de marché qui récompense ce que je fais très bien - disproportionnellement bien. mike tyson aussi. si vous pouvez assommer un gars en 10 secondes et gagner 10 millions de dollars, ce monde paiera cher pour cela. si vous pouvez battre .360, ce monde paiera cher pour cela. si vous êtes un merveilleux enseignant, ce monde ne paiera pas cher pour cela. si vous êtes une infirmière formidable, ce monde ne paiera pas cher pour cela. maintenant, vais-je essayer de trouver un système de valeur comparable qui (re)distribue cela d'une manière ou d'une autre ? non, je ne pense pas que tu puisses faire ça. mais je pense que lorsque vous êtes extrêmement bien traité par ce système de marché, où en effet le système de marché vous donne la possibilité d'acheter des biens et des services grâce à un talent particulier - peut-être que vos végétations adénoïdes sont d'une certaine manière, vous pouvez donc chanter et tout le monde vous paiera des sommes énormes pour être à la télévision ou quoi que ce soit - je pense que la société a un gros droit là-dessus.

    personalmente penso che la società sia responsabile di una percentuale molto significativa di ciò che ho guadagnato. se mi infili nel bel mezzo del Bangladesh o del Perù o da qualche parte, scopri quanto questo talento produrrà nel tipo sbagliato di terreno... lavoro in un sistema di mercato che premia ciò che faccio molto bene - sproporzionatamente bene. anche Mike Tyson. se riesci a mettere fuori combattimento un ragazzo in 10 secondi e guadagnare $ 10 milioni per questo, questo mondo pagherà molto per quello. se riesci a battere .360, questo mondo pagherà molto per quello. se sei un insegnante meraviglioso, questo mondo non pagherà molto per questo. se sei un'infermiera eccezionale, questo mondo non pagherà molto per questo. ora, proverò a trovare un sistema di valore comparabile che in qualche modo lo (ri)distribuisca? no, non credo che tu possa farlo. ma penso che quando vieni trattato enormemente bene da questo sistema di mercato, dove in effetti il sistema di mercato ti inonda la capacità di acquistare beni e servizi a causa di qualche talento particolare - forse le tue adenoidi sono in un certo modo, quindi puoi cantare e tutti ti pagheranno enormi somme per essere in televisione o qualsiasi altra cosa - penso che la società abbia una grande pretesa su questo.

    Select another language:

    • - Select -
    • 简体中文 (Chinese - Simplified)
    • 繁體中文 (Chinese - Traditional)
    • Español (Spanish)
    • Esperanto (Esperanto)
    • 日本語 (Japanese)
    • Português (Portuguese)
    • Deutsch (German)
    • العربية (Arabic)
    • Français (French)
    • Русский (Russian)
    • ಕನ್ನಡ (Kannada)
    • 한국어 (Korean)
    • עברית (Hebrew)
    • Gaeilge (Irish)
    • Українська (Ukrainian)
    • اردو (Urdu)
    • Magyar (Hungarian)
    • मानक हिन्दी (Hindi)
    • Indonesia (Indonesian)
    • Italiano (Italian)
    • தமிழ் (Tamil)
    • Türkçe (Turkish)
    • తెలుగు (Telugu)
    • ภาษาไทย (Thai)
    • Tiếng Việt (Vietnamese)
    • Čeština (Czech)
    • Polski (Polish)
    • Bahasa Indonesia (Indonesian)
    • Românește (Romanian)
    • Nederlands (Dutch)
    • Ελληνικά (Greek)
    • Latinum (Latin)
    • Svenska (Swedish)
    • Dansk (Danish)
    • Suomi (Finnish)
    • فارسی (Persian)
    • ייִדיש (Yiddish)
    • հայերեն (Armenian)
    • Norsk (Norwegian)
    • English (English)

    Quote of the Day Today's Quote | Archive

    Would you like us to send you a FREE inspiring quote delivered to your inbox daily?

    Please enter your email address:

    Citation

    Use the citation below to add this quote to your bibliography:

    Style:MLAChicagoAPA

    "Warren Buffett Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 18 Mar. 2024. <https://www.quotes.net/quote/55980>.

    Embed


    We need you!

    Help build the largest human-edited quotes collection on the web!

    Our favorite collection of

    Famous Authors

    »

    Browse Quotes.net

    Quiz

    Are you a quotes master?

    »
    "I'm king of the world!"
    A King Kong
    B The King's Speech
    C The Lion King
    D Titanic