After leading Berkshire Hathaway for 60 years, investment legend Warren Buffett stepped down as CEO late last year, retaining only his role as chairman. Throughout his career, Buffett became an icon in the business and investment world, frequently sharing lessons to help people build successful lives. He praised the power of compound interest, explained his investment philosophy, and shared thought exercises for living without regret.

At Berkshire Hathaway's 2025 shareholder meeting, Buffett offered advice to those early in their careers. Responding to a question about lessons he learned early in life, Buffett stated: "Don't overthink your starting salary, and be cautious about who you work under, because you will adopt the habits of those around you. There are some jobs you shouldn't even take."

Investment billionaire Warren Buffett at an event in Idaho, US, 2023. Photo: AFP

Investment billionaire Warren Buffett at an event in Idaho, US, 2023. Photo: AFP

Acknowledging that new employees might be drawn to the highest-paying jobs, Buffett emphasized that many other factors are more crucial throughout a career. While a good starting salary can help create a solid financial foundation, colleagues and managers have an even greater influence on long-term success.

"Who you associate with is vitally important. Don't expect every decision you make to be correct, but generally your life will follow the direction of the people you work with, those you admire, and those who become your friends," he explained.

Buffett shared his personal experience of finding mentors who imparted their wisdom when he was young and learning to run a business. Consequently, the billionaire encourages young people to seek out individuals whose careers they admire and work alongside them.

"I've had five bosses in my life, and I liked all of them. They were all very interesting, although I ultimately decided that working for myself was preferable. But if you find great people to work with, that's exactly where you should be," he said.

Beyond being surrounded by smart and interesting people, Buffett believes one should find a job they would still be willing to do even if money were not a necessity. "I've had that for a very long time," he added.

The 96-year-old billionaire has also frequently shared the joy that his work and colleagues bring him. "I get to do what I love with the people I love," Buffett stated in a 2008 interview.

He encourages young people to find a similarly meaningful career path. "What I find interesting is that in the investment field, many people leave after making a substantial amount of money. You should truly pursue a job you'd stick with whether you need money or not," Buffett said at the 2025 shareholder meeting.

By Ha Thu (Source: CNBC)