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00:00What is it that you would like to have as your legacy as you think. I'd like to be the oldest man that ever lived . But no I like teaching and so if if I'd been a decent teacher and I have a lot of university students come out every year and today. Is there anything on your bucket list that you would like to do that you haven't done. I'd have done it. If there's anything I want to do I do it. That money has no utility in any time as utility to me. But but money in terms of going making trips or doing only more houses or having a boat or something has no utility to me whatsoever has a of lot you suddenly the other people which is the reason for the giving pledge. What motivates you to still run a company when most people your age are playing shuffleboard or they're relaxing or doing something . Yeah. They spend all week planning their haircut. I get to do everyday what I love with people that I love. I mean it doesn't get any better than that. And so the greatest pleasure in your life other than doing interviews like this is is what looking at new companies making investments. Giving away the money what gives you the most pleasure. Your grandchildren all all of the above. I mean but the truth is that I regard Berkshire Hathaway sort of like somebody that a painter regards a painting. The difference being that the campus is unlimited so there's no finish line at Berkshire and it's it's a game that you can continue to play at. Any word of advice you'd give to somebody who was a young investor who would like to emulate you what you would recommend that they do to kind of build something close to what you've done. I think you should look for the job that you would want to hold if you didn't need a job. I mean you're probably only going to live once Shirley MacLaine may differ without a few people but you don't want to go sleep walking through life and you'll really whether you make X or one hundred and twenty percent of X really isn't remotely as important as to whether in most cases you marry the right person and you also find something that you would do if you didn't need the money. And I've had that job for four more years and I was lucky in that I sort of found early on what turned me on that way. But but don't settle for something if you couldn't possibly. Don't worry about making the most money this week or next month. I mean when I went there I offered to work for Ben Graham. I said I'll work for nothing and I'm out of it. I mean just the idea being turned on. So look look look for the job that turns you on. Find a passion .

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Warren Buffett: Money Has No Utility to Me, Time Does

Berkshire Hathaway Chairman and Chief Executive Officer Warren Buffett discusses his legacy, the job he loves, and his advice to anyone wanting to emulate his success. Buffett speaks with David Rubenstein in the third episode of "The David Rubenstein Show: Peer-to-Peer Conversations." (Source: Bloomberg)

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