Warren Buffett’s Most Important Lesson

Bill Gates: “Warren has the mental sharpness of a 30-year-old, the mischievous laugh of a 10-year-old, and the diet of a 6-year-old. He once told me that he looked at the data and discovered that first-graders have the best actuarial odds, so he decided to eat like one. He was only half-joking.”

“Of all the things I’ve learned from Warren, the most important thing might be what friendship is all about. As Warren himself put it a few years ago when we spoke with some college students, “You will move in the direction of the people that you associate with. So it’s important to associate with people that are better than yourself.”