A Conversation with Warren Buffett | Abbreviated

University Communication Author

12/15/2020 Added

7 Plays

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Investor Warren Buffett, class of 1951, dispenses advice to Husker graduates in this summary video. See the full 10 minute conversation at: https://mediahub.unl.edu/media/15167

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[00:00:01.630]I was so lucky to be born
[00:00:03.080]in the United States and I was lucky
[00:00:04.840]to be born in Nebraska.
[00:00:05.890]I was lucky to have the parents I had
[00:00:07.640]and I was lucky to get the education I got.
[00:00:09.790]I enjoyed every minute of it at Nebraska.
[00:00:12.983]I mean, I don't think they could quite believe it
[00:00:15.490]when after two years at the Wharton School at Pennsylvania,
[00:00:19.830]I said, "I wanna transfer to Nebraska."
[00:00:22.120]And the students I've seen from Lincoln,
[00:00:26.631]I mean, they're just outstanding.
[00:00:29.540]Makes me very encouraged about the world.
[00:00:31.320]Makes me very bullish on the world.
[00:00:34.900]And I would say this to this current year's class:
[00:00:38.920]I would love to trade places with any of you. (laughs)
[00:00:42.700]They feel they're going out into an uncertain world
[00:00:45.510]and all of that, but there's never been a better time.
[00:00:51.789]And you go out with a winning hand.
[00:00:54.250]Now that doesn't mean that every single day is perfect.
[00:00:59.090]The world isn't that way,
[00:01:00.150]but try to think of another country
[00:01:02.040]where you would rather be.
[00:01:03.210]Try to think of another era in which you would rather exist.
[00:01:05.880]I don't think you can do it.
[00:01:07.360]You want to look for the job in life
[00:01:12.450]that you would take if you didn't need a job.
[00:01:16.630]Somewhere out there, you'll find the right,
[00:01:19.930]and you won't necessarily find it on your first job.
[00:01:21.670]I mean, you gotta make a living, too,
[00:01:23.600]but don't settle for anything eventually
[00:01:28.360]that's less than working for a company
[00:01:31.800]you admire or people you admire
[00:01:33.730]and really the job that if you had no need for the money,
[00:01:37.960]it's still the job that you'd jump out of bed for
[00:01:41.360]in the morning, and I've been lucky enough
[00:01:43.820]to have one like that and I can tell you
[00:01:45.660]that there's just nothing like that.
[00:01:47.390]It isn't work anymore.
[00:01:48.902]It's actually something that you look forward to every day.
[00:01:53.330]If your children, if your spouse,
[00:01:56.490]if your coworkers,
[00:02:00.260]if those people at age 65 or 70,
[00:02:05.280]having seen what you do with them over a lifetime,
[00:02:09.050]if you have the love of those people,
[00:02:11.910]you are a success.
[00:02:13.413](soft music)

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A Conversation with Warren Buffett | Abbreviated

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