Want to create an interactive transcript for this episode?
Podcast: The Indicator from Planet Money
Episode: The spite acquisition that launched Warren Buffett
Description: With an unprecedented decades-long run of success, Warren Buffett is retiring on December 31, 2025. Buffettās turning point began with the acquisition of a failing textile mill called Berkshire Hathaway. What began as a āterrible mistakeā became the foundation for his empire. Today on the show, how did Buffett become this legendary figure?Ā Related episodes:Ā Planet Money Summer School 2: Index Funds & The BetBrilliant vs. BoringĀ For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, I...