ted talk warren buffett

I mean, it's not an easy thing. Historian Edward Tenner tells stories that illustrate the under-appreciated gap between our ability to innovate and our ability to foresee the consequences. AMANPOUR: Why is America not taking that big chance? I just came up this week from a conference on mobile health and what's being done with cell phones in the developing world to transport medical information to people and to gather it.

GATES we had a lot of very good questions. As Lisa Bu adjusted to a new life in the United States, she turned to books to expand her mind and create a new path for herself. I mean, I could build a pyramid to myself and I could kill tourism in Egypt.

Seeing the familiar Coca-Cola cans and See’s peanut brittle on their tables was strangely comforting. We're leaving behind two-thirds of our U.S. kids in the public school system. AMANPOUR: when you gave the money to the United Nations you said, I want to put all you rich people on notice. M. GATES: You know, if you say, OK, of all the kids that start in 9th grade in high school in the United States, you say, literally, only one-third are ready to go on and succeed in college. BUFFETT: I'm somebody doing something that's very logical to me. It's about doing different things. That's all up to the voters. But it will come back slowly. BILL GATES, FOUNDER OF MICROSOFT IS ALSO GIVING AWAY HIS MONEY. I think that's good.

WHEN IT COMES TO HEALTH AROUND THE WORLD THEIR FOCUS IS ON DEVELOPING AND DELIVERING VACCINES FOR DISEASES THAT EFFECT MILLIONS OF PEOPLE EVERYWHERE. This “Rooney Rule” does not dictate who should be hired. But Stringer expected Berkshire to have more diversity. STEYER: Well, I think pursuing interesting things that you think are valuable, that's what's fun in life.

BUFFETT: Well, I just think the idea of dynastic wealth is kind of crazy. TED.com translations are made possible by volunteer I'd like to -- hopefully it'll see me honestly.

AMANPOUR: What do you say though to the executives?

I pick up trash in Atlanta. BUFFETT: I want to do the most intelligent job I can do, in effect, without respect to whether the recipients are male or female or black or white or Americans or Africans, or whatever it may be, that it has the greatest impact on improving the most people's lives in the future. I think that people need some ideas.
TURNER: I just -- I hung in there. The process is clear in this still relevant song from Rodgers and Hammerstein’s 1958 musical South Pacific. I mean, I don't think -- we will be better off two years from now than we are now unless there is some nuclear, chemical or biological event.

AMANPOUR: What would you say to people who don't have so much money, should they be doing that too? STEYER: Well, I mean, we didn't set out to deliberately make this money. This year’s great idea came up in the business meeting, not during the five-hour Q&A. I’m quite sure I never heard the word "mentor" while gro... TED curator Chris Anderson discusses the transformative power of speaking to an audience from the heart. Is that because of opportunity?

AMANPOUR: How do they react when you take them to some of the abject poverty that exists in this world? Governments are like everybody else. But Bill and -- Bill Gates and Warren with this Giving Pledge, they're out there really taking a leadership position and I'm proud to know them and be partner with them because we do -- the U.N. Foundation and the Nuclear Threat Initiative does a number of joint projects with both of them.

We've already paid off $1 trillion of our debt in the last couple of years by not borrowing so much. Now, they're not all being invented by Americans, but some of them are. I have stacks of collections of science-fiction short stories.

It's just a question of whether they do it or not because it's so much easier not to do it. Believe in Magik*. But I had a rough couple of years.

AMANPOUR: Do you have any plans to retire? The fact that other countries are doing well actually creates opportunities for jobs. TURNER: I lost $10 million a day every day for three years.

He talks through some surprising thought experiments to help you balance emotion and practicality -- and make the biggest impact with whatever you can share. There's been a history in the United States for several centuries now where an approach that's more innovative requires some extra funding to get going. TED's own Lisa Bu takes the TED2013 stage now to tell a very personal tale of a journey through literature that began, well, with a shattered dream. I believe in balanced budgets and making a profit ..... TURNER: Yes. AMANPOUR: If you're not giving up anything, are you a do-gooder?

That's what I do. We already figured this out long before you brought it up. Warren Buffett has been practically begging the country - begging the congress to tax him more. Warren Buffett shares advice on becoming successful - YouTube But I consider my contribution of more than $1.3 billion to various causes over the years to be one of my proudest accomplishments and the best investment I've ever made. BUFFETT: Right. AMANPOUR: And does it trouble you that in terms of where American students are, in terms of university graduation, that they're now -- we've gone from 1, now down to 12 over the last several years? I mean, if you look at Iraq and now Afghanistan, there's been sacrifice.

And Bill had thought it was going to be later in his career, in his 60s. BUT EACH OF THESE MULTI BILLIONAIRES SEEs NEEDS THAT ARE NOT MET…THUS THEIR CALL TO OTHERS LIKE THEM TO JOIN THE GIVING PLEDGE. Warren offered a strong defense explaining why Berkshire’s board had unanimously recommended that shareholders reject this proposal. Berkshire Hathaway just made about $800 million off of Snowflake's market debut, despite Warren Buffett's aversion to IPOs. One, apparently, was even a Microsoft executive who spent a lot of money trying to defeat that. They were not reluctant to talk at all. The tables in bookstores can be overwhelming: Every book cover looks appealing, every blurb glows with praise. The government came and the government said they were very enthused about what had happened in the interchange. B. I mean, we, the fact that penicillin was discovered in England has been great for people in the United States. And they all voted for it last year at the Security Council. AMANPOUR: How did you triumph over that? But I couldn't give up because then what would I do? Go deeper into fascinating topics with original video series from TED. TURNER: Well I said that and just by saying that, it caused a lot of people, I'm sure, to think about it. And the questions were like we get in the United States: "How should you involve the kids?" Humans aren’t born with it. BACK NOW WITH OUR SPECIAL EDITION OF THIS WEEK - THE GIVING PLEDGE - HOW THE WEALTHIEST AMERICANS ARE MAKING A MORAL COMMITMENT TO GIVE THEIR BILLIONS BACK. AMANPOUR: why do you think there isn't there more of that kind of debate.... BUFFETT: I think that it hasn't been to the interest of the people in Washington to get as riled up about that as they get riled up about other things. We aren't smarter than those people around the Revolutionary War time, you know we don't work harder. AMANPOUR: what is it that makes a master of the universe such as yourself want to give away most of your fortune? translators.

GATES: Well, there's not a fixed number of jobs. Jac... Melinda French Gates is cochair of the Bill & Melinda Gates Foundation, where she puts into practice the idea that every life has equal value. AMANPOUR: what do you want your legacy to be? I did not know for sure when I started that it was going to work, that the U.N. Foundation was going to be able to help the U.N. or the Nuclear Threat Initiative was going to be able to help the U.S. government. I remember -- that's kind of been my slogan for a long time. AND THERE IS NO SIGN YET THAT THESE PHILANTHROPISTS ARE SLOWING DOWN....OR RESTING ON ITS LAURELS. Nine hundred billion will come from payroll taxes. And we've already voted for the START Treaty and it carried. STEYER: I think that we're in the very early innings. Now all we got to do is ratify it with a super majority of the Senate get that ratified and get on the road towards nuclear disarmament and world peace because we have too many other problems that we need to deal with. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, ... What happens when a dream you've held since childhood ... doesn't come true? TURNER: Well, there's a lot of innovating being done right now. WHEN HE WAS SURPRISINGLY FIRED FROM THAT VENTURE, HE REINVENTED HIMSELF WITH A SECOND CAREER AS PHILANTHROPIST---- AND IN 1997, HE STUNNED THE WORLD WITH ONE OF THE LARGEST DONATIONS IN HISTORY, ONE BILLION DOLLARS TO CREATE THE United Nations FOUNDATION. We're doing it right now. HuffPost is part of Verizon Media. We love the fact that we sit down and learn from these people things they're doing. And the genius of the American society has not been lost. TED TURNER, CAPTAIN COURAGEOUS WHO WON AMERICA'S CUP, MEDIA MOGUL WHO REVOLUTIONIZED TELEVISION NEWS WITH CNN, WHO MARRIED A MOVIE STAR AND WAS INVOLVED WITH THE BIGGEST MEDIA MERGER EVER-- AOL TOGETHER WITH TIME WARNER. This practice to create a list of qualified female and ethnically, racially diverse candidates was implemented 12 years ago in the National Football League. The Giving Pledge: Warren Buffett, Bill Gates, Ted Turner Talk Philanthropy (VIDEO) Over the summer, billionaires Bill Gates and Warren Buffett announced The Giving Pledge, a commitment to donate the majority of their fortunes to charity -- and to encourage other Americans to do the same. She said it made her angry when people failed to see her husband as an innovator. SINCE 1960, THE NUMBER OF COUNTRIES WITH NUCLEAR WEAPONS HAS NEARLY TRIPLED FROM 3 TO 11, TURNER: we got to all get rid of them. I mean there's a guy that's going out and trying to do something for his state and, unfortunately, lost. Books worth reading, as recommended by Bill Gates, Susan Cain and more... https://ideas.ted.com/books-worth-reading-this-holiday-recommended-by-bill-gates-susan-cain-and-more, How to mentor and support other women -- and help them succeed, https://ideas.ted.com/how-to-mentor-and-support-other-women-and-help-them-succeed, The skill you need now: presentation literacy, https://ideas.ted.com/the-skill-you-need-now-presentation-literacy, Your summer reading list: 70+ book picks from TED speakers and attendees, https://blog.ted.com/2015/06/17/70-book-picks-from-ted-speakers-and-attendees, Your mega summer reading list: 200 books recommended by TEDsters, https://blog.ted.com/2013/05/31/your-mega-summer-reading-list-180-books-recommended-by-tedsters, 101 books to dive into this summer: a massive reading list, https://ideas.ted.com/101-books-to-dive-into-this-summer-a-reading-list, Chrystia Freeland: The rise of the new global super-rich, https://www.ted.com/talks/chrystia_freeland_the_rise_of_the_new_global_super_rich, https://www.ted.com/talks/lisa_bu_how_books_can_open_your_mind, Bill and Melinda Gates: Why giving away our wealth has been the most satisfying thing we've done, https://www.ted.com/talks/bill_and_melinda_gates_why_giving_away_our_wealth_has_been_the_most_satisfying_thing_we_ve_done, Peter Singer: The why and how of effective altruism, https://www.ted.com/talks/peter_singer_the_why_and_how_of_effective_altruism, https://www.ted.com/talks/edward_tenner_unintended_consequences.
In 2009, epidemiologists Richard Wilkinson and Kate Pickett published the book The Spirit Level, making a bold case that economic inequality within a society, the size of the gap between rich and poor, has corrosive effects from the bottom of society right up to the top.

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