Going To College Isn't For Everyone--Warren Buffett

The CEO of Berkshire Hathaway, Warren Buffett who is the third richest man in the world, has explained in a new interview with Yahoo Finance's editor-in-chief, Andy Serwer that going to college or business school does not guarantee professional success.  Buffett say




“Some people are going to get a lot out of advanced education, and some people are going to get very little, It depends on the person, much more than it depends on the school. The expense and time that higher education demands may not be worth it, I don’t think it’s for everybody. It's a big commitment to take four years, and the cost involved, and maybe the loans involved, There ought to be a reason you're going.”






Buffett didn't consider attending college but ultimately completed undergraduate and graduate business programs. He applied to college because his father, Howard H. Buffett, advised him to consider an undergraduate program at The Wharton School at the University of Pennsylvania.

“I actually was not keen on going to college myself, My dad kind of jollied me into it,” Buffett says. “He could get me to do anything."

Buffett attended The Wharton School for two years, then transferred to the University of Nebraska, where he earned an undergraduate degree in business administration. He later received a master’s degree in economics from Columbia University. Buffett has been a very successful businessman.
Since 1965, Buffett has run Berkshire Hathaway, which owns over 60 companies, like Geico and Dairy Queen, plus minority stakes in Apple, Coca-Cola, among others. He holds a net worth of $82.5 billion.