Warren Buffett has this advice for young investors—and it has nothing to do with where they should put their money

• During Berkshire Hathaway’s annual meeting On Saturday, CEO Warren Buffett was asked to share any important lessons and life advice for young investors. His response did not participate in stock pick or the best long-term assets. However, he talks about what kind of investors in people should go around their lives.

Berkshire Hathaway CEO WARREN BUFFETT is asked to share any important lessons and advice on life for young investors, and his response does not include stock picks or the best assets in stock.

During the annual meeting on Conglomerate on Saturday, he spoke about what kind of investors in people should walk around their lives.

“Which one you are with is more important, and doesn’t expect you to make every decision right in that,” Buffett said. “Grow your life in the overall direction of people you work, you love, that’s your friends.”

He added, “There are people you want to be better than you and you want to hang out with people better than you.”

That is different than following someone who makes a lot of money and seek to copy what they do, Buffett explained.

However, he said he was tried to go around the intelligent he learned. In addition, people should return any help offered to others, he added.

“So you’ve got a compounding of good goals and good behavior, and unfortunately you can get the return on life as well,” Buffett said.

He also encourages people to seek for a profession they will do if they don’t need money and interaction with those who “tell you to do something you don’t do.”

Buffett added that he finds it interesting to have many workers in the investment world to go out of business after they make a lot of money.

“You really want something you want, you know, if you need money,” he said.

Answering a different question from a young investor asking what he should do to hire Berkshire Hathaway one day, “continued exploration and great exploration.”

As for actual investments, he has previously kept people should not imitate his / her stock portfolio doing – and in turn should put their money in an S & P 500 index fund.

This story originally shown Fortune.com

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