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

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.