May 26, 2026 · 1 hr 14 min · 14 segments
I’m thrilled to share some timeless leadership and investing wisdom from my latest Capitalist Culture® podcast episode with Robert Miles, internationally recognized author and expert on Warren…
Robert MilesGuest
Kip KnippelHost
Yes, so I was responsible for a small company which I owned and developed for investing the retirement funds as well as my own personal funds and my family's funds.
So in about 1995, I asked myself, who's the most successful investor and is he available to manage money for me? And so this was kind of before the Internet, the Internet was just starting.
And so I quickly discovered it was Warren Buffett and this company I've never heard of before called Berkshire Hathaway.
And I picked up a book by Roger Lowenstein called Buffett, The Making of an American Capitalist.
And I thought, wow, this is terrific book because it was a Midwestern businessman who was investing in businesses.
And my values were aligned with him living in the same house that he's lived in since he was 28 years old, driving a car for 10 years, just a real common sense approach to investing.
Kip, I then flew to Omaha the first Saturday of May, which is when he has what's called the Woodstock of Capitalism, or the Woodstock for Capitalists.
And it was at an old racetrack called the Arc Zarbon, which is Nebraska spelled backwards.
And he answered unedited questions along with his partner, Charlie Munger, for six hours without looking at any notes.
And so I first purchased shares in Berkshire Hathaway when the A shares were $30,000 in 1996.
And you've spent, as you said, I mean, decades studying Buffett's leadership model.
Yes, so I was responsible for a small company which I owned and developed for investing the retirement funds as well as my own personal funds and my family's funds.
So in about 1995, I asked myself, who's the most successful investor and is he available to manage money for me? And so this was kind of before the Internet, the Internet was just starting.
And so I quickly discovered it was Warren Buffett and this company I've never heard of before called Berkshire Hathaway.
And I picked up a book by Roger Lowenstein called Buffett, The Making of an American Capitalist.
And I thought, wow, this is terrific book because it was a Midwestern businessman who was investing in businesses.
And my values were aligned with him living in the same house that he's lived in since he was 28 years old, driving a car for 10 years, just a real common sense approach to investing.
Kip, I then flew to Omaha the first Saturday of May, which is when he has what's called the Woodstock of Capitalism, or the Woodstock for Capitalists.
And it was at an old racetrack called the Arc Zarbon, which is Nebraska spelled backwards.
And he answered unedited questions along with his partner, Charlie Munger, for six hours without looking at any notes.
And so I first purchased shares in Berkshire Hathaway when the A shares were $30,000 in 1996.
And you've spent, as you said, I mean, decades studying Buffett's leadership model.
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