OhIn a world where you can buy a Peloton with one click and spend $17 on a smoothie, it's no surprise Americans love credit cards. But billionaire investor Warren Buffett? Not a fan.
Speaking at the Nebraska Forum back in 1999, the Berkshire Hathaway CEO (NYSE:BRK, BRK.B)) told a room full of students that if they wanted to get ahead financially, the answer was simple: avoid credit cards altogether. "Just forget about them," he said.
