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Warren Buffett’s career advice for young professionals: ‘Hang out with people better than you’

Warren Buffett Charlie Munger Berkshire Hathaway

(Credit: Christopher Goodney—Bloomberg/Getty Images)

Today marks the end of the epic 60-year reign of legendary investor Warren Buffett as CEO of Berkshire Hathaway. Buffett is placing his trust in successor Greg Abel, who will lead the $1.2 trillion empire. But the Oracle of Omaha leaves behind a wealth of knowledge, past learnings, wins and losses—and sage career advice.

One piece of lasting wisdom from Buffett came during Berkshire Hathaway’s 2004 annual shareholders’ meeting, when a 14-year-old boy from California posed a question.

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