Buffett and Munger explain how to be competitive in investing, address the relevance of ESG, expose the paradox of independent directors, talk about future energy projects, and defend why they don't buy more index funds.

Warren Buffett and Charlie Munger discuss competition in investing, and the importance of doing a whole lot of reading and developing a competitive edge. They address calls for being more socially conscious. They also explain why independent directors aren't often what you want on a board. They answer questions about Berkshire's energy projects. And they defending holding a lot of cash instead of index funds.

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