I would focus on the things that have been good in your life rather than the bad things that happen, because bad things do happen,” Buffett said. “It can often be a wonderful life even with some bad breaks.

Buffett, one of the world’s richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less than they were worth.

Those who have followed Berkshire Hathaway have long-anticipated that the day would come when legendary investor and CEO Warren Buffett called it quits.