The Best Advice Bill Gates Has Ever Received Came From Warren Buffett
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We’re hardly alone when it comes to admiring the wisdom of Warren Buffett.
Whether waxing poetic about the inflation “tapeworm” or trashing Bitcoin, the Oracle of Omaha has provided us with no shortage of quips that have proven prescient. So it should come as no surprise that one of the smartest men on the planet—and Buffett’s decades-long rival atop the list of world’s richest humans—values his advice.
Prolific capitalist, philanthropist, and reader Bill Gates befriended Buffett long ago. One can only imagine the ideas that have been passed between the two. But for Gates, one piece of advice stands above the rest.
Warren Buffett’s Wealth Wisdom
Just to recap some of our favorite Buffett business lines, in recent years Warren has shared:
- How to spot a great employee
- His 2 List Rule—which might just change the way you set goals
- Why his children won’t inherit his $200B fortune—and it makes a ton of sense
- A brutally honest quote that every entrepreneur should read
- Four ways he spends less money than most people
- Investment advice an NFL star will never forget
How does one man come up with so much? None other than Gates’ ex-wife Melinda chalks it up to his optimism. Whether or not that’s the reason he’s grown his incredible wealth, you can’t argue with the numbers. But you can compare yourself to them.
What Gates Learned From Warren Buffett
Now on to Bill Gates’ favorite advice from Warren Buffett. It actually has nothing to do with money.
When answering questions generated by a ChatGPT-like artificial intelligence chatbot—alongside U.K. Prime Minister Rishi Sunak—in February, Gates was asked about the best advice he’s ever received.
“I’ve had great advice,” Gates responded when talking about what really matters in life. “You know, Warren Buffett talked about … in the end, it’s how friends really think of you and how strong those friendships are.”
Watch the full interview below:
Were you hoping Warren’s advice would be more money-focused? Here are 27 investment quotes we love, including several from Mr. Buffett himself.