Last week, Warren Buffett and Bill Gates were at the Columbia Business School at a special CNBC event to answer questions from their students. The areas covered:

• Capitalism
• How greed and fear contributed to last year’s crisis
• Goldman Sachs
• Appropriate role of government
• The industry that will produce the next Bill Gates
• Buffett’s railroad exposure
• Whether the stock market rally is real
• Advice for those who are still unclear about what to do in life
• How to allocate capital today

Watch the video here:

Download Warren Buffett and Bill Gates Columbia Business School Full Transcript

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