Warren Buffett: Good habits may be more important than IQ

Good habits might be more important than being smart.

In an exclusive interview this year with Yahoo Finance’s Editor-in-Chief Andy Serwer, Berkshire Hathaway CEO Warren Buffett talked about how critical it is for young people to establish good habits and start saving early.

When asked if young people — who are often saddled with student loan debt and high rents — should be expected to start saving and investing, Buffett said, “I think the habits you develop are terribly important. They may be more important than IQ or something.”

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