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Billionaire in Retirement: Warren Buffett Is Hooked on Glenn Close, 1950s Commercials and Uzbek TV Shows

20:22, October 7

After stepping down as chairman of Berkshire Hathaway, 96-year-old Warren Buffett has officially entered retirement. Yet his evenings now look surprisingly simple for a man with a fortune of around $143 billion: the billionaire sits in front of the television and watches YouTube, Fortune reports.

According to his close friend Sharon Osberg, who often spends evenings with Buffett, the legendary investor’s tastes are remarkably eclectic. He may watch completely frivolous videos, clips featuring Glenn Close, a documentary about American lawyer Roy Cohn, 1950s commercials, or even the Uzbek version of America’s Got Talent.

Buffett’s love of YouTube, however, did not begin only after his retirement. Even before stepping down from Berkshire, he tried to keep his evenings free from work. In January, he handed over the company’s CEO role to Greg Abel, while his son Howard took over as chairman in September.

Despite the enormous role technology plays in modern business, Buffett himself has always been relatively cautious about it.

Reading, by contrast, has remained one of his lifelong habits. At one point, Buffett said he spent as much as 80% of his working day reading books and newspapers. He advised young people to read 500 pages a day, comparing the accumulation of knowledge to compound interest.

Another favorite way to take a break from business was bridge. Buffett once played for roughly eight hours a week, including with his longtime friend Bill Gates. He said the game helped keep his mind sharp: a new combination appears every few minutes, and over a lifetime it is impossible to encounter two games that are exactly alike.

Buffett’s story is particularly interesting against the backdrop of today’s growing emphasis on work-life balance. Generation Z is increasingly placing a healthy balance between work and personal life above salary when choosing a career. Buffett arrived at a similar philosophy much later, after decades of extraordinary professional success.

He became a millionaire at 32, and his advice to young people hoping to achieve similar success is to choose work that does not feel like a burden.

“Look for a job that you would take even if you didn’t need the money,” Buffett has advised.

Now that one of the world’s best-known investors truly has the freedom to never work another day, his ideal evening turns out to be remarkably simple: television, YouTube and the most unexpected videos the internet has to offer.


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