The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.

Master investor Warren Buffett is known for his frugality. Yet, many of his employees are compensated as much as Wall Streeters. Anand explains why this can be reasonable for Berkshire but still unreasonable for Wall Street. And why all this is not contrary to Buffett's philosophy.

The financial heavies are getting a lot of press these days. And much of it is negative. But there's one small bank that's flying under the radar. It has some of the best operational numbers you'll ever see. The Motley Fool has featured it in its brand-new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. To find out the name of the bank Buffett would probably be interested in if he could still invest in small banks, just click here.