Warren Buffett on Investing in India 2024 | Berkshire Hathaway 2024

[Transcript]

AUDIENCE MEMBER: Hi Warren. My name is Christine Hoenig Garcia and I'm from Agoura Hills, California. Thank you for being an excellent teacher and imparting your wisdom to us throughout the years. What advice would you like to share today that you believe everyone needs to hear?

WARREN BUFFETT: Well, too bad you added that, what the rest of us would like to hear. (Laughter) I would say that if I had one piece of advice, I would try to.

Well, and you’re lucky to live in this country because — just to start with, because you've got opportunities here that wouldn’t exist in much of the world. (Applause)

But I would like to really sort of use Charlie’s advice of thinking how you like your obituary to read, and then start selecting the educational pass, the social pass, you know, the whatever, that your particular situation in terms of associating. And perhaps, certainly in my day, it would have been marrying the person that would best help you do that. Well, Charlie would say you were offering some similar benefit to the partner.

And you know the opportunity in this country is just basically limitless. When you think of going back not that many centuries, you know, if you were going to be a shepherd or something like that, you know 100 years from now, your grandson or granddaughter was going to be a shepherd — I mean, nothing really happened.

And what has happened in the last 200 years with the combination of the industrial revolution, and whether it's science or education or health, you name it, we are so lucky to be born when we were. The people in this room, and many of us, were lucky enough to be born in the United States as well. You know, you’re entering the best world that’s ever existed, and you want to find the people to share it with and the activities to participate in that fit you.

And if you get lucky, like Charlie and I did, you find things that interest you young. But if you don't find them right away, you keep looking. And I always tell students to take the job that you — I mean, find the job that you would like to have if you didn’t need a job. And sometimes you can find that very early, and sometimes you go through various experiences, but don’t forget what you actually are trying to do. And there’s no place to do it like this country.

Find the person that you like to share your life with in many cases. And, you know, sometimes you get lucky in that early, and sometimes you make mistakes. I would try to, in a very, very general way, I would try to figure out how you’d want to look back on your life and think about yourself. Start today to go on the path that leads to that goal, and expect some difficulties along the way. But if you’re thinking that way, you’re more likely to get there. (Applause)
 

Source: https://buffett.cnbc.com/2024-berkshire-hathaway-annual-meeting/

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