Warren Buffett Tells Lebron James How To Invest His Money

[clip starts JAMES Well ░░░░░░░░ I have two questions ░░░░░░░░ I d like to ░░░░░░░░ Warren Buffett My first ░░░░░░░░ would be yeah what ░░░░░░░░ I invest in next ░░░░░░░░ I have some tips ░░░░░░░░ my second question would ░░░░░░░░ I m not doing ░░░░░░░░ well with the profession ░░░░░░░░ m in right now ░░░░░░░░ you teach me how ░░░░░░░░ play a little basketball ░░░░░░░░ Those would be my ░░░░░░░░ questions to Warren Buffett ░░░░░░░░ ends BUFFETT Laughs QUICK ░░░░░░░░ BUFFETT First one was ░░░░░░░░ he should invest in ░░░░░░░░ QUICK Right BUFFETT I ░░░░░░░░ somebody like LeBron and ░░░░░░░░ talked about it but ░░░░░░░░ think QUICK You and ░░░░░░░░ have talked about it ░░░░░░░░ Occasionally I think actually ░░░░░░░░ the rest of hs ░░░░░░░░ and beyond in terms ░░░░░░░░ earning power then just ░░░░░░░░ monthly investments in the ░░░░░░░░ cost index fund makes ░░░░░░░░ lot of sense I ░░░░░░░░ that somebody in his ░░░░░░░░ ought to have a ░░░░░░░░ cash reserve at whatever ░░░░░░░░ makes him comfortable And ░░░░░░░░ owning a piece of ░░░░░░░░ diverse by piece bought ░░░░░░░░ time held for thirty ░░░░░░░░ forty years it s ░░░░░░░░ to do well And ░░░░░░░░ income will go up ░░░░░░░░ years and there s ░░░░░░░░ nothing to worry about ░░░░░░░░ You think he s ░░░░░░░░ to you on that ░░░░░░░░ You will have to ░░░░░░░░ him Laughter QUICK And ░░░░░░░░ second question BUFFETT I ░░░░░░░░ say this Athletes generally ░░░░░░░░ to get promoted by ░░░░░░░░ with restaurants and real ░░░░░░░░ I mean everybody s ░░░░░░░░ an idea for him ░░░░░░░░ usually the simplest is ░░░░░░░░ best QUICK What does ░░░░░░░░ mean BUFFETT I mean ░░░░░░░░ like owning the United ░░░░░░░░ at a decent average ░░░░░░░░ bought over time you ░░░░░░░░ can t go wrong ░░░░░░░░ that Somebody else might ░░░░░░░░ doing better with this ░░░░░░░░ that but somebody will ░░░░░░░░ worse with this or ░░░░░░░░ too Their expertise is ░░░░░░░░ a lot of money ░░░░░░░░ something they do extremely ░░░░░░░░ but they aren t ░░░░░░░░ going to be able ░░░░░░░░ take the time to ░░░░░░░░ a professional investor too ░░░░░░░░ it s the same ░░░░░░░░ I give to 99 ░░░░░░░░ to people QUICK Buying ░░░░░░░░ indecipherable land BUFFETT And ░░░░░░░░ it over time and ░░░░░░░░ it right and starting ░░░░░░░░ like a indecipherable And ░░░░░░░░ has ever followed that ░░░░░░░░ got other than a ░░░░░░░░ result Nobody QUICK All ░░░░░░░░ Warren we will continue ░░░░░░░░ conversation Joe Wilson I ░░░░░░░░ back to you now ░░░░░░░░ I missed the second ░░░░░░░░ QUICK Oh the second ░░░░░░░░ Wait wait wait hang ░░░░░░░░ Let me take it ░░░░░░░░ Second question was what ░░░░░░░░ he s not doing ░░░░░░░░ well in his current ░░░░░░░░ what would you tell ░░░░░░░░ to do BUFFETT He ░░░░░░░░ doing fine He has ░░░░░░░░ impressive career crosstalk QUICK ░░░░░░░░ wants advice on indecipherable ░░░░░░░░ We went one on ░░░░░░░░ for a considerable period ░░░░░░░░ he did picked up ░░░░░░░░ lot from that actually ░░░░░░░░ We went up for ░░░░░░░░ jump ball one time ░░░░░░░░ he got it went ░░░░░░░░ length of the court ░░░░░░░░ it just as I ░░░░░░░░ starting to jump so ░░░░░░░░ does have that much ░░░░░░░░ learn from me.”