Why Buffetts Berkshire Wants to Buy P&Gs Duracell

The transcript discusses Warren Buffett's acquisition of Duracell from Procter & Gamble, highlighting the strategic reasons behind P&G's decision to sell the battery business. It examines Berkshire Hathaway's portfolio strategy and the financial details of the transaction. The conversation also touches on corporate efficiency and the structural changes traditional companies are undergoing to remain competitive.

How does the speaker view the future of large traditional companies in relation to portfolio management?

What role do activist investors play in the decisions made by companies like Procter and Gamble according to the discussion?