ABOUT THIS EPISODE
Warren Buffett and Charlie Munger justify Amazon as a value investment. They also express regret in missing Google. Buffett discusses insurance and how it impacts Berkshire's value. Munger explains delayed gratification and investing for the long term. Buffett shares his thoughts on wealth and happiness. They praise their successors Ajit Jain, Greg Abel, Todd Combs, and Ted Weschler. And they mock bitcoin.