The Indicator from Planet Money - The spite acquisition that launched Warren Buffett

With an unprecedented decades-long run of success, Warren Buffett is retiring on December 31, 2025. Buffett’s turning point began with the acquisition of a failing textile mill called Berkshire Hathaway. What began as a “terrible mistake” became the foundation for his empire. Today on the show, how did Buffett become this legendary figure? 

Related episodes: 
Planet Money Summer School 2: Index Funds & The Bet
Brilliant vs. Boring 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, Instagram, Facebook, Newsletter.  

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More or Less - The shocking world of US health costs

A loyal listener wrote in to question this claim made by neuroscientist Dr Daniel Levitin: "Here in the US valium in a pharmacy might be $3 that same pill in a hospital setting might be $750."

Our listener was shocked at how one pill can cost 250 x more in a hospital setting than in a pharmacy. But can it? Sort of.

We turned to Elisabeth Rosenthal to take us on a dive into the frankly shocking world of US Health costs.

Presenter: Tim Harford Producer: Lizzy McNeill Series Producer: Tom Colls Editor: Richard Vadon Production Coordinator: Maria Ogundele Sound Mix: Neil Churchill

The Indicator from Planet Money - Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year!

2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year? 

Our hosts from Planet Money and The Indicator duke it out during our annual … Family Feud!

Tell us who you think has THE indicator of the year by emailing us at indicator@npr.org. Put “Family Feud” in the subject line. 

Related episodes:


The Indicators of this year and next 

This indicator hasn’t flashed this red since the dot-com bubble 

What would it mean to actually refund the tariffs?

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 Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter 

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