Speaking as a part of Berkshire Hathaway’s Annual General Meeting in Omaha on May 3, Buffett suggested, “Who you associate with is just enormously important. 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 added that these kinds of relationships bring more than business success. “You’ll not only learn how to be successful in business, you’ll learn how to be successful in life,” he said.
When it comes to young investors, Berkshire Hathaway’s Warren Buffett has one piece of advice – Surround yourself with the right people and pursue work you love.
Speaking as a part of Berkshire Hathaway’s Annual General Meeting in Omaha on May 3, Buffett suggested, “Who you associate with is just enormously important. 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 added that these kinds of relationships bring more than business success. “You’ll not only learn how to be successful in business, you’ll learn how to be successful in life,” he said.
Buffett also advised young people to pursue work they love—jobs they would do even if they didn’t need the money. “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,” he added but also noted that one should not chase wealth or admiration alone. “You don’t want to associate with people or enterprises that ask you to do something that you shouldn’t be doing,” Buffett cautioned.
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Buffett also recounted his early days where he met a mentor simply by knocking on a locked door. “In 10 minutes I found that I had a man that was going to be just wonderfully helpful to me. And of course, if somebody’s going to be helpful to you, you want to try to figure out ways to be helpful to them. So you get a compounding of good intentions and good behaviour,” he said.
Buffett credits much of his happiness and longevity to being surrounded by the right people and doing what he loves. “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,” he added.
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