Warren Buffett says LeBron James’ skills go beyond basketball and the billionaire investor lauded the Los Angeles Lakers’ star for his “money mind."

“People really do have minds that function better than other people’s in certain areas that you can’t give a test for," Buffett told USA TODAY Sports Tuesday in a phone interview. “And LeBron, in addition to a lot of other talents, he has a money mind. And he gets stuff."

James has made $765 million since he turned pro in 2003, according to a Forbes report published in July. Last year he made $25 million on an investment of less than $1 million in Blaze Pizza, according to published reports, while at the same time he has helped develop several entertainment projects.

“He can separate out the cream from the crap, and you get more of the latter proposed to you than you do of the former," said Buffett, who added that he met James shortly after James turned pro and the two have communicated periodically since then. “You really have to be able to suss it out."

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A friend of Cleveland Cavaliers owner Dan Gilbert, Buffett was slightly less effusive when asked how he felt about James’ decision to leave the Cleveland Cavaliers for the Los Angeles Lakers.

“I was glad to see him go back to Cleveland (from Miami in 2014)," Buffett said. “To deliver that championship to Cleveland, you know, it was great. It was one hell of an achievement and I’m glad it happened.

“But in terms of where effectively, what kind of a group works best, and everything, I’m sure he made a good choice (signing with the Lakers) and he’ll bring a lot to anything he does. He’s got a lot more talent than is shown on the basketball court."