In today’s CNBC town hall event, Warren Buffet made an impressive offer to the hundreds of Columbia Business School students who gathered to hear him and Bill Gates speak:
Right now, I would pay a hundred-thousand dollars for 10 percent of the future earnings of any of you. So, if anyone wants to see me after this is over. If that’s true, you’re a million dollar asset right now, right? If ten percent of you is worth a hundred-thousand? You could improve on that, many of you, and I certainly could have when I got out, just in terms of learning communication skills.
It’s not something that’s taught, I actually went to a Dale Carnegie course later on in terms of public speaking. But if you improve your value 50 percent by having better communication skills, it’s another 500-thousand dollars in terms of capital value. See me after the class and I’ll pay you 150-thousand.
While we wonder what Buffett would actually do if those hundreds of students all lined up with their hands out, waiting to collect $100,000 each, Buffett’s comments highlight the impressive earnings potential of anyone who graduates from a top-ranked business school. These days, with the job market still soft and Wall Street still on shaky footing (at least jobs-wise), it’s good to remember than earning an MBA is still one of the surest paths to maximizing your lifetime earnings!
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