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 Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.