Warren Buffett Second "Adam Smith's Money World" Interview

This podcast explores the investment philosophy and life of Warren Buffett. Buffett discusses his value investing approach, emphasizing the importance of patience and understanding the businesses he invests in, rather than focusing on short-term market fluctuations. He shuns high-tech companies due to their unpredictability, preferring businesses with established franchises like Hershey. The podcast highlights Buffett's major investments, such as the Washington Post and GEICO, and his acquisition of companies like C's Candies and Nebraska Furniture Mart, valuing managers who are passionate about their businesses. Buffett also touches on his simple lifestyle, his views on inherited wealth, and his intention to give his wealth back to society.