Fool friend and corporate-governance expert Nell Minow had an exclusive sit-down with Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) Warren Buffett in the Oracle's Omaha offices. Nell, editor and co-founder of The Corporate Library, interviewed Buffett for TCL's 2010 Public Funds Forum back in September.

Their interview covers a wide range of topics -- from philanthropy to investing to CEO pay and boards of directors. With Nell's permission, we are making portions of the video interviews available to our Fool.com audience.

In the final excerpt, Nell and Warren discuss boards of directors, corporate governance, and the casino-like attitude pervasive among investors. (The video runs 8 minutes, 21 seconds.)

For an earlier segment in Nell's interview, see "Warren Buffett on Life as a CEO and Berkshire Shareholders." And for more information about Nell's company, GovernanceMetrics International, visit gmiratings.com.