Buffett: If you copy the right people, you will be 'off to a great start about living your life'
Jeff Robelier from Tulsa, OK And I’m thinking of Doctor Graham, Mr. Munger, your father. And my question is for all of us, but it’s probably, especially for the younger people in the room, the importance of picking the right heroes in life, choosing friends wisely and maybe tell us a story, if you could, about each of those folks. Thank you, Sir. Well, there’s no question you’re, you’re 100% right in terms of of having the right heroes. And you know, you’re you’re lucky if you get them. I mean, Charlie had Charlie, Adam, I Adam. And the interesting thing my sister is here today, my younger sister, that with the two survivors and we both experienced having the same hero, even though as we grew older we saw that we didn’t agree with plenty of his ideas, but we did agree with his values and motivation. And that’s that’s a better lesson than having somebody that that’s reading to you from a catechism that is has got a lot of rules in it, which are pretty good rules, but but there’s a special, special place for somebody that that is going to continue loving you even if you break some of the rules. And that’s what Charlie had in his life was what Bernie and I had in our life. So. So I would I would just repeat what you said. I’m don’t need to give you a bunch of well, I’m when I ran away from home. I’ll give you a specific example with me when I ran away from home and went and we hitchhiked up to Hershey, PA and got picked up by the state police and everything. And I talked these other two guys into it and we lied like crazy to the state police, you know, saying we had our parents permission some some, some kid at the place where we stayed and tipped them off that we’d run away from home. And we started, like I said, when the state police picked us up, we decided that two things, you know, we decided to tell them much of lies above the fact we had our parents permission and we decided we’d better get out of Hershey because these cops were going to find out sooner or later. And so anyway, we end up back in Washington there for a couple days. And when I walked in the door, well, one of the boys mother, and this other kid was the Congressman Roger Bell and his mother was in the hospital over this whole thing. He’d taken out his cash and his savings bonds. And so she was sick. And Judge Bell, her husband was all concerned and everything. And I walked in the door and in Washington and my mother said, how come he came back so soon. And my father said he he said I I know you can do better. And and I just pay more attention to my father than my mother. And so you want to have the right heroes and you don’t have to have them. It’s not the heroes based on what they’ve accomplished. And it’s it’s, you know, it’s it’s it’s it’s it’s the people that you want to be yourself. And if you if you copy the right people, you’re off to a great start. And I don’t mean a great start about making money. I mean a great start about living your life. So you can check with my sister Bertie, who’s here, and see if I’ve told the story correctly. She ran away from home too, incidentally. But but she didn’t get as far as I got. But she was running away to go to my grandfather’s house, which was about two miles away. And but I I I don’t want to denigrate her runaway a bill, at least because she she was much more accomplished than than I am and all kinds of other things. But when it comes to running away, I I definitely outclassed her.