Buffett: The Opportunity Cost Approach

I think a lot of Berkshire comes back to picking the right management or picking great people then structuring these incentives correctly and sort of not falling into these various traps. So I'm curious, or maybe after Ringworld retired, not 100% curious what you take is on management incentives and this kind of dynamic. But yes, so because I talk obviously a lot about opportunity cost and it's true that there's probably, I mean, I keep thinking a lot about how he thinks about management.