RARE Warren Buffett Second Interview Adam Smith's Money World (1988)

This episode of Adam Smith's Money World features an in-depth interview with Warren Buffett, the "Wizard of Omaha," focusing on his investment philosophy and business practices. Buffett shares his value investing principles, learned from Benjamin Graham, and emphasizes the importance of patience and understanding a business's intrinsic worth. The discussion covers Buffett's early career, his acquisition of Berkshire Hathaway, and key investments like the Washington Post and GEICO. The episode also explores Buffett's management style, his preference for passionate managers, and his views on inherited wealth, highlighting his simple lifestyle and intention to donate the majority of his wealth to society.