Warren Buffett's White House 'Words of Wisdom'

AP

Warren Buffett receives the Presidential Medal of Honor from Barack Obama at a White House ceremony on February 15, 2011.

Luck is a recurring theme in Warren Buffett's White House "Words of Wisdom" video clip.

The official White House site features brief snippets from 15 recipientsof the 2010 Presidential Medal of Freedom, including Buffett.

When President Obama presented the awards at Wednesday's ceremony, he recounted a storyabout Buffett buying some stock when he was 11 years old.

In Buffett's video clip, the 80-year-old billionaire doesn't talk about stocks.

He does talk about his good fortune.

Buffett says he feels lucky to have been born in the United States, lucky to have found what he loves doing very early in life, and "extremely lucky in that the two most important people to me in my life, my dad and my wife ... they both extended to me unconditional love. And there's no power on earth in my view like unconditional love."

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