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Berkshire Hathaway CEO Warren Buffett did not share any basic life classes and recommendations for young investors and his response did not involve stock stacking or best long-term assets.
On Saturday, in the annual joint-stock meeting of the congestion, instead, he spoke about what types of investors in their lives.
“Who you link with who, and do not expect that every decision will make every decision about it.” “You think that you are a lifestyle, admire in the general direction of the people you work, and you will become your friends.”
He added that there are people who want to be better than you and you want to hang out with people better than you and feel better than you. ”
This was followed by someone who won a lot of money and trying to copy what they did.
Instead, he said he tried to be around the smartest people he could learn. In addition, people should return any benefits that others offer them.
“Thus, the combination of good intentions and good behavior, and unfortunately, you can get the opposite in life,” he said.
He also called for a profession that warns that people do not need money and “tell you to tell you to do something you should do.”
Buffett added that in the investment world, many workers were interested in getting out of work after making a lot of money.
“You really want something to stick around, you know, you need money,” he said.
Answering a separate question from a young investor who asked to hire at Berkshire Hathaway, Buffett answered: “Wake up very interest and read a lot.”
As for real investment, people should not imitate what the Berkshire stock portfolio does – despite the legion of the audience, instead of the S & P 500 index fund.
This story was first displayed Fortune.com