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Michael Barbaro

👤 Person
5657 total appearances

Appearances Over Time

Podcast Appearances

The Daily
What Warren Buffett Understood About Capitalism

What was the reaction?

The Daily
What Warren Buffett Understood About Capitalism

So there are going to be listeners who hear you describing this reaction.

The Daily
What Warren Buffett Understood About Capitalism

So there are going to be listeners who hear you describing this reaction.

The Daily
What Warren Buffett Understood About Capitalism

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.

The Daily
What Warren Buffett Understood About Capitalism

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.

The Daily
What Warren Buffett Understood About Capitalism

Yeah, that's unfathomable.

The Daily
What Warren Buffett Understood About Capitalism

Yeah, that's unfathomable.

The Daily
What Warren Buffett Understood About Capitalism

Or hoped that someday they will, right.

The Daily
What Warren Buffett Understood About Capitalism

Or hoped that someday they will, right.

The Daily
What Warren Buffett Understood About Capitalism

Lest there be any doubt.

The Daily
What Warren Buffett Understood About Capitalism

Lest there be any doubt.

The Daily
What Warren Buffett Understood About 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.

The Daily
What Warren Buffett Understood About 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.

The Daily
What Warren Buffett Understood About 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.

The Daily
What Warren Buffett Understood About 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.

The Daily
What Warren Buffett Understood About Capitalism

Cigars with many puffs in them.

The Daily
What Warren Buffett Understood About Capitalism

Cigars with many puffs in them.

The Daily
What Warren Buffett Understood About Capitalism

What does that mean, really?

The Daily
What Warren Buffett Understood About Capitalism

What does that mean, really?

The Daily
What Warren Buffett Understood About Capitalism

What did he name it?