What Warren Buffett Understood About Capitalism

A few days ago, Warren Buffett, the most successful investor in history, said he would retire as C.E.O. of Berkshire Hathaway, the conglomerate that he built into a trillion-dollar colossus.

Andrew Ross Sorkin, who has covered Mr. Buffett for many years, discusses the career of the man who both personified and critiqued American capitalism.

Guest: Andrew Ross Sorkin (https://www.nytimes.com/by/andrew-ross-sorkin) , a columnist and the founder and editor-at-large of DealBook (https://www.nytimes.com/section/business/dealbook) .

Background reading: 

• Warren Buffett said he plans to step down (https://www.nytimes.com/2025/05/03/business/berkshire-earnings-warren-buffett.html) as head of Berkshire Hathaway.
• Here’s what Mr. Buffett’s exit means (https://www.nytimes.com/2025/05/05/business/dealbook/what-buffetts-exit-means.html) .

For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily?smid=pc-thedaily) . Transcripts of each episode will be made available by the next workday. 

Photo: Scott Morgan/Reuters

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