Michael Barbaro
👤 PersonAppearances Over Time
Podcast Appearances
What was the reaction?
So there are going to be listeners who hear you describing this reaction.
So there are going to be listeners who hear you describing this reaction.
And think it's a little bit out there. And so I think we need to talk about how it is that a CEO could inspire the kind of decades-long devotion and, in this moment, emotion that occurred. It's totally singular. It's reserved for, you know, popes and musicians, the occasional actor. And I want to know what you make of it and also kind of how you wrap your head around it.
And think it's a little bit out there. And so I think we need to talk about how it is that a CEO could inspire the kind of decades-long devotion and, in this moment, emotion that occurred. It's totally singular. It's reserved for, you know, popes and musicians, the occasional actor. And I want to know what you make of it and also kind of how you wrap your head around it.
Yeah, that's unfathomable.
Yeah, that's unfathomable.
Or hoped that someday they will, right.
Or hoped that someday they will, right.
Lest there be any doubt.
Lest there be any doubt.
I want to dissect that. phrase, conscience of capitalism. It's a pretty loaded phrase, and I want to have us talk about the two elements of it. The first, conscience, clearly, suggests a kind of corrective influence over capitalism. The other, capitalism, suggests, as you just got at, a pretty open embrace of free markets. So let's start with the easier of those two, which is the capitalism.
I want to dissect that. phrase, conscience of capitalism. It's a pretty loaded phrase, and I want to have us talk about the two elements of it. The first, conscience, clearly, suggests a kind of corrective influence over capitalism. The other, capitalism, suggests, as you just got at, a pretty open embrace of free markets. So let's start with the easier of those two, which is the capitalism.
Few people clearly have practiced capitalism as wildly successfully as Buffett. So just remind us how he does that, the model of capitalism that gives us this company, Berkshire Hathaway.
Few people clearly have practiced capitalism as wildly successfully as Buffett. So just remind us how he does that, the model of capitalism that gives us this company, Berkshire Hathaway.
Cigars with many puffs in them.
Cigars with many puffs in them.
What does that mean, really?
What does that mean, really?
What did he name it?