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, a columnist and the founder and editor-at-large of DealBook.

Background reading:

• Warren Buffett said he plans to step down as head of Berkshire Hathaway.
• Here’s what Mr. Buffett’s exit means.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Photo: Scott Morgan/Reuters

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