Warren Buffett has this advice for young investors—and it has nothing to do with where they should put their money

• During Berkshire Hathaway's annual shareholder meeting on Saturday, CEO Warren Buffett was asked to share any pivotal life lessons and advice for young investors. His answer didn't involve stock picking or the best long-term assets. Instead, he talked about what kind of people investors should be around over the course of their lives.

Berkshire Hathaway CEO Warren Buffett was asked to share any pivotal life lessons and advice for young investors, and his answer didn't involve stock picking or the best long-term assets.