Forget stocks, property and gold: 'Best investment is…' Harsh Goenka shares Warren Buffett’s advice on where to put your time & effort

What if the best investment you can make has nothing to do with stocks, property or even money? Industrialist Harsh Goenka recently shared a video of billionaire investor Warren Buffett making a simple point about where people should really put their time and effort.

Sharing the video, Goenka wrote, “The best investment you can do is….”

In the video, Buffett says that the best thing a person can do is become exceptionally good at something.

Warren Buffett’s advice: Become exceptionally good at something

Buffett explains that developing a skill that makes you stand out can be one of the most valuable investments a person can make.

Read more - WhatsApp 'No' reply costs lakhs: CA gets Rs 90,000 fake debit alert, replies 'No' & loses Rs 1.70 lakh from bank accounts; no OTP or link involved

“The best thing you can do is to be exceptionally good at something,” Buffett says in the video.

He gives the example of professionals such as doctors and lawyers.

“If you're the best doctor in town, if you're the best lawyer in town, whatever abilities you have can't be taken away from you,” he says.

Read more - 33 hours to 12, 14 to 6 and 8 to 30 minutes: How Vande Bharat trains, expressways, bridges & new-age infrastructure are shrinking travel times

Warren Buffett says skills cannot be 'inflated away'

Buffett’s argument is that money can lose value, but a person's abilities remain with them.

He says skills cannot simply be taken away or “inflated away”. Instead, people can use what they know and what they are good at to create value for others.

“Somebody else will give you some of the wheat they produce, or the cotton, or whatever it may be, and they will trade you for the skill you have,” Buffett says.

The idea is pretty straightforward: build something within yourself that remains valuable even when circumstances change.

'The best investment by far' is in yourself

Buffett concludes the video by bringing the focus back to personal development.

“So the best investment by far is anything that develops yourself,” he says.

The clip shared by Goenka puts a simple spin on the usual conversation around investments. Instead of focusing only on where to put money, Buffett's message is about building skills, knowledge and abilities that stay with you for the long term.

For anyone trying to figure out where to invest their time, the takeaway from the video is simple: work on becoming really good at what you do.