economy

January 17, 2026

Warren Buffett used to ask college students this question—it can help you become richer and more successful

The Berkshire Hathaway chairman asked students which of their peers they'd bet on. The lesson was to bet on yourself.

Warren Buffett used to ask college students this question—it can help you become richer and more successful

TL;DR

  • Warren Buffett will be featured in a CNBC special discussing tough questions and the best advice he's given.
  • He posed a hypothetical scenario to college students, asking them to choose individuals with high potential lifetime earnings.
  • Buffett stated that while luck (like the 'ovarian lottery') is a factor, individuals can become desirable by being good people, reading, and spending less than they earn.
  • He strongly advised against going into debt, noting it's difficult to recover from financial holes.
  • Buffett emphasized the need for hard work and self-improvement, citing Charlie Munger's practice of dedicating time to mental improvement.

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