#100 Warren Buffett (The Snowball)
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
What he was teaching were the lessons that had emerged from the unfolding of his own life. In that unfolding, he admits to ambition. But he denies that there was ever a plan. He finds it hard to acknowledge his own powerful hand as the creator of the sweeping canvas that is his masterpiece. As he tells the story
A series of happy accidents built Berkshire Hathaway. A money making machine sprang up without design. It's elegant structure of true partnership. with like minded shareholders. Built on what Charlie Munger calls a seamless web of deserved trust.
With an investment portfolio buried deep inside An interlocked set of businesses. Whose capital could be moved at will. All of this Turbocharged with float.
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