Warren Buffett Gives Advice to Girl Scouts® at Hometown Dairy Queen® Store
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Valuable advice from financier Warren Buffett, during a visit to his local Dairy Queen® store for the launch of the Girl Scouts® Thin Mint Blizzard® Flavor Treat.
Surrounded by a group of Girl Scouts in his hometown of Omaha, Neb., Buffett offered this tip for college students:
“The biggest suggestion I have is to avoid credit cards. Interest rates are very high on credit cards. Sometimes they are 18 percent. Sometimes they are 20 percent. If I borrowed money at 18 or 20 percent, I’d be broke… So if I had one piece of advice for young people generally it would be to just avoid credit cards.”
And what advice does Buffett have for a new investor?
“I would do a lot of reading before I invested. In other words I would prepare for it. I wouldn’t jump in the water until I know how to swim… I read every book the Omaha Public Library had about investing by the time I was 11.
On qualities Buffett looks for in employees?
“The biggest thing I look for is if they have a passion for whatever they are going to do.”
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Comments
I love Warren Buffett and I could live on Dairy Queen. He is one of the smartest men in America. Young children should follow his lead.
Pretty nice post. I just came by your blog and wanted to say
that I’ve really enjoyed reading your posts. Any way
I’ll be subscribing to your feed and I hope you write again soon!
I love Warren Buffett and I could live on Dairy Queen. He is one of the smartest men in America. Young children should follow his lead.
Sorry… forgot to say great post – can’t wait to read your next one!
Oh my, Thin Mint Blizzard sounds incredible and is making me uber-hungry for one right now! They should do a line of all the GS cookies…of course, I’m biased as a 5 yr. former GS. Yes, I still have my sash & guides. So thank you Ms. Backherms and Ms. Bean, my Junior and Cadette leaders, your time made me a better young woman.
Check out this exiciting news – New Girl Scouts Tagalongs® Peanut Butter Patties Blizzard® available July 1st. – http://bit.ly/wnNvS
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