I love this quote, comes up all the time lately, but can't find who coined it?

Please,

Michael

Some are saying Warren Buffet coined this but references I have say it wasn't him.

Help please,

Michael

Seems like with the New President Barrack Obama this spirit of commitment is important.

Please, who said it?

Michael

Yes, on “This Week” President-elect Barack Obama is quoted as saying:
"Everybody is going to have to give. Everybody is going to have to have some skin in the game,"
http://www.realclearpolitics.com/politics_nation/2009/01/strategy_memo_skin_in_the_game.html

On this webpage it is simply called an idiom.
http://www.usingenglish.com/reference/idioms/skin+in+the+game.html

As to its origins, this is the best article I found on the topic:

quote:

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Now to the third question for those counting: Who coined it?
Just about every online free dictionary is eager to provide the answer: Warren Buffett, the multibillionaire who has just teamed up with Bill Gates to put muscle into charity. But dictionaries tend to engage in heavy lifting from one another, and as I have learned from grim experience in political lexicography, a chorus of coinage consensus does not guarantee accuracy. A call to Warren Buffett to get his recollection of first usage was returned by a spokesman, who denied unequivocally that his boss was the coiner. Apparently the famous investor has been bugged by many calls from etymologists (no, wait — bugs are for entomologists) and refuses all responsibility for the viral spread of skin in the game.
As the wild scramble begins to discover the mysterious initial perpetrator, let us narrow the field. “The first time I heard it was probably about 10 years ago,” recalls Dave Kansas, money-and-investment editor at The Wall Street Journal. “It is primarily used to convey financial risk in any kind of venture, but you could stretch it to mean some kind of emotional investment. Can you have skin in the game of your marriage? Well, you ought to.”
From “Town Talk,” The Oakland Tribune, April 20, 1912: “It cannot be said that the latest visit of Eleanor Sears to California was an unqualified success.. . .She didn’t play polo, though she seemed crazy for a chance. She was very insistent while the men refused to let her hazard her skin in the game, but when they finally consented she was attacked by what the vulgar call ‘cold feet’ and reneged.”
That can’t be it, but it shows how far back — in this citation, nearly a century — you can find a phrase, thanks to the Little Search Engine That Could. (Interesting, though, about the early use of cold feet.)
Let’s start at the epicenter of this epidermis epic. The skin game, according to The Oxford English Dictionary, can be “a card game in which each player has one card which he bets will not be the first to be matched by a card dealt from the pack.” John Scarne, in his 1973 Encyclopedia of Games, notes that “the game of Skin is dead even; that is, dealer and player have exactly equal chances of winning.”
Below that sense, however, is the swindling, cheating, fleecing meaning of the verb to skin, traceable to 1819 in the United States on the analogy of skinning an animal for its valuable fur (or fleecing it for its wool); the skin game throughout the 19th century was “a confidence game,” and paper dollars taken from suckers were known as skins.
I can hear gambling golfers in the readership firing up their computers. Golf’s skins game, about a half-century old, has a foursome betting against one another: “Three categories each account for one-third of the pot,” writes Steve Pajak of The Sacramento Bee, which are “team play (best four of six balls on each hole on this day), individual skins (any single low score on a hole) and individual greenies (closest to the pin on par 3’s).” The U.S. Golf Association librarian says that “skins is also known as cats, scats, skats or syndicates.”
The other skin game is, of course, the business of prostitution, with its offshoot of pornography, as anyone guiltily but gleefully clicking to a life-size skin flick in glorious color on HDTV well knows. No wonder Warren Buffett wants no part of the coinage of skin in the game.
~ from “On Language” [Skin in the Game] By WILLIAM SAFIRE
Published: September 17, 2006 in the New York Times Magazine
http://www.nytimes.com/2006/09/17/magazine/17wwln_safire.html?_r=2&fta=y&oref=login

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What Does Skin In The Game Mean?
A term coined by renowned investor Warren Buffett referring to a situation in which high-ranking insiders use their own money to buy stock in the company they are running.
Investopedia explains Skin In The Game...
The idea behind creating this situation is to ensure that corporations are managed by like-minded individuals who share a stake in the company. Executives can talk all they want, but the best vote of confidence is putting one's own money on the line just like outside investors.
http://www.investopedia.com/terms/s/skininthegame.asp

[This message was edited by thenostromo on 01-20-09 at 10:06 AM.]

Sincere thanks Jon. This concept reminds me of the many ways a quote can feed my soul and resonate and allow me to receive and extend Love.

For example the Egg and Bacon breakfast. The chicken is involved but the pig has skin in the game.

It take God's Grace for me to have skin in the game daily and lots of good trusted friends like all of you at Quoteland.

Respectfully

Michael