Warren Buffett’s message to young investors is simple—choose your circle wisely and pursue work you truly enjoy.
Speaking at Berkshire Hathaway’s Annual General Meeting in Omaha on May 3, Buffett emphasized the importance of surrounding oneself with the right people. “Who you associate with is just enormously important,” he said. “You are going to have your life progress in the general direction of the people that you work with, that you admire, that become your friends.”
He believes such associations lead not only to professional growth but also to personal fulfillment. “You’ll not only learn how to be successful in business, you’ll learn how to be successful in life,” Buffett added.
He also urged young people to seek careers they’re passionate about—jobs they’d be willing to do even without financial incentive. “What you're really looking for in life is something where you've got a job that you'd hold, but you didn't need the money,” he said. “I've had that for a very, very long time.”
Buffett cautioned against associating with individuals or businesses that require compromising one's values. “You don't want to associate with people or enterprises that ask you to do something that you shouldn't be doing,” he warned.
Reflecting on his early career, Buffett shared an anecdote about meeting a mentor by chance. “In 10 minutes, I found that I had a man who was going to be just wonderfully helpful to me,” he recalled. He added that mutual goodwill often leads to enduring, positive relationships: “You get a compounding of good intentions and good behaviour.”
Summing up his philosophy, Buffett linked happiness to longevity: “A happy person lives longer than somebody that’s doing things they don’t really admire that much in life,” he said. “And for some reason, I apparently live longer too.”
Also Read: Warren Buffett's best and worst investments in his 60 years leading Berkshire Hathaway
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Speaking at Berkshire Hathaway’s Annual General Meeting in Omaha on May 3, Buffett emphasized the importance of surrounding oneself with the right people. “Who you associate with is just enormously important,” he said. “You are going to have your life progress in the general direction of the people that you work with, that you admire, that become your friends.”
He believes such associations lead not only to professional growth but also to personal fulfillment. “You’ll not only learn how to be successful in business, you’ll learn how to be successful in life,” Buffett added.
He also urged young people to seek careers they’re passionate about—jobs they’d be willing to do even without financial incentive. “What you're really looking for in life is something where you've got a job that you'd hold, but you didn't need the money,” he said. “I've had that for a very, very long time.”
Buffett cautioned against associating with individuals or businesses that require compromising one's values. “You don't want to associate with people or enterprises that ask you to do something that you shouldn't be doing,” he warned.
Reflecting on his early career, Buffett shared an anecdote about meeting a mentor by chance. “In 10 minutes, I found that I had a man who was going to be just wonderfully helpful to me,” he recalled. He added that mutual goodwill often leads to enduring, positive relationships: “You get a compounding of good intentions and good behaviour.”
Summing up his philosophy, Buffett linked happiness to longevity: “A happy person lives longer than somebody that’s doing things they don’t really admire that much in life,” he said. “And for some reason, I apparently live longer too.”
Also Read: Warren Buffett's best and worst investments in his 60 years leading Berkshire Hathaway
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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