Buffett's Life Advice for the 2025 Shareholders Meeting
1: Surround Yourself with Outstanding People
Buffett repeatedly emphasizes: "You should be with people who are better than you; you will develop in their direction."
2: Choose Work and Directions You Love
"If you don't like a job, it is hard to stick with it for a long time."
3: Focus on the Good Things, Not Dwell on Setbacks
In the face of adversity, "focus on the good things, not the bad ones."
4: Long-Termism is the Core Principle
"If you can't hold onto a stock for 10 years, don't touch it for 10 minutes."
5: Cash is King, Wait for the Right Opportunity
"Good opportunities are like first loves; if you miss them, you have to wait half a lifetime." He suggests that ordinary people keep enough emergency funds to buy low during market panic, rather than blindly chasing short-term fads.
6: Contrarian Thinking: Be Greedy When Others Are Fearful
In the face of market fluctuations, he states, "A market crash is an appetizer," encouraging young people to seize opportunities during emotional downturns.