Don’t lose sight of the long term. It’s a core message from the eighth edition of Valuation: Measuring and Managing the Value of Companies, McKinsey’s seminal guide for corporate-finance professionals. It also describes the unique investment approach of the legendary investor Warren Buffett, who will step down as CEO of Berkshire Hathaway at the end of 2025. In this episode of The McKinsey Podcast, we hear an excerpt from our Author Talks series featuring Valuation coauthor and McKinsey Partner Tim Koller and Editorial Director Roberta Fusaro. They talk about what’s changed in the business world since the first edition of Valuation was published, some 35 years ago. He also touches on Buffett’s approach to investing, including why it worked and whether it can be replicated.

Articles/pieces mentioned:

Tariffs and trade: Preparing for the unpredictable

Confronting the affordable-housing crisis

Theme music composed, performed, and produced by Joy Ngiaw

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Pickleball, padel—yes, they’re hot. Nevertheless, a third of the world’s adults are inactive—and among youth, inactivity is even more pronounced, according to McKinsey Partner Alexander Thiel. In this episode of The McKinsey Podcast, Alexander joins Global Editorial Director and Deputy Publisher Lucia Rahilly to discuss this year’s whipsawing consumer trends, as well as what sporting goods leaders can do to harness them to combat slowing growth.

Articles/pieces mentioned:

Can Bloomingdale’s bring the magic back to department stores?

McKinsey's 2025 annual book recommendations

Theme music composed, performed, and produced by Joy Ngiaw

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As geopolitical tensions persist, global trade dynamics are becoming increasingly complex—and many leaders find themselves on tenterhooks. On this episode of The McKinsey Podcast, Cindy Levy and Shubham Singhal, two global coleaders of McKinsey’s geopolitics work, join Global Editorial Director Lucia Rahilly to discuss how to move forward amid rapidly reconfiguring trade relationships—regardless of the way current tariff talks play out.

This conversation has been adapted from our McKinsey Live series.

Articles mentioned:

The ‘attention equation’: Winning the right battles for consumer attention

State of the Consumer 2025: When disruption becomes permanent

Theme music composed, performed, and produced by Joy Ngiaw

See www.mckinsey.com/privacy-policy for privacy information