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October 22, 2020

Warren Buffett: America Has The Secret Sauce


A December 31, 2014, report, Warren Buffett On Why America Has The ‘Secret Sauce’, quoted Warren Buffett as reiterating this when asked about why he’s bullish on America:  “The luckiest person ever born in the history of the world is the baby being born in America today. We have the secret sauce, and it unleashes human potential like no system has ever unleashed it in history.”

Warren Buffett, Chairman and CEO of Berkshire Hathaway,  said this when he was in Detroit earlier in the month.  “The billionaire sat down with Quicken Loans Chairman and Founder Dan Gilbert, along with President and Chief Marketing Officer Jay Farner, for an hour-long chat,” said the report.

One issue Warren Buffett discussed was America itself.

When asked about the simple truth that most people misunderstand, Warren Buffett replied: “I would think currently, most people think America is on the wrong track. They think that the American dream is gone or something.”

Here is a related post on Warren Buffett’s thoughts on America:  America’s best days lie ahead

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