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The Snowball: Warren Buffett and the Business of Life Hardcover – Deckle Edge, September 29, 2008
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"Theft by Finding: Diaries (1977-2002)" by David Sedaris
In one of the most anticipated books of 2017, David Sedaris tells a story that is, literally, a lifetime in the making. Pre-order today
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From Publishers Weekly
In this startlingly frank account of Buffett's life, Schroeder, a former managing director at Morgan Stanley—and hand picked by Buffett to be his biographer—strips away the mystery that has long cloaked the word's richest man to reveal a life and fortune erected around lucid and inspired business vision and unimaginable personal complexity. In a book that is dominated by unstinting descriptions of Buffett's appetites—for profit, women (particularly nurturing maternal types), food (Buffett maintained his and his family's weight by "dangling money")—it is refreshing that Schroeder keeps her tone free of judgment or awe; Buffett's plain-speaking suffuses the book and renders his public and private successes and failures wonderfully human and universal. Schroeder's sections detailing the genesis of Buffett's investment strategy, his early mentoring by Benjamin Graham (who imparted the memorable "cigar butt" scheme: purchasing discarded stocks and taking a final puff). Inspiring managerial advice abounds and competes with gossipy tidbits (the married Buffett's very public relationship with Washington Post editor Katherine Graham) in this rich, surprisingly affecting biography.
From Bookmarks Magazine
Warren Buffett should be applauded for allowing such open access to his life. Alice Schroeder, who interviewed friends and family, pored over Buffett's personal archive, and spent thousands of hours with Buffett, comes away with an unprecedented look at the hidden life of an American icon. At more than 900 pages (100 of which are notes), The Snowball—the title is a metaphor for the relentless growth of Buffett's portfolio—sets the bar high for future efforts. Schroeder's account is comprehensive and her eye for the telling detail keen; while she explains the financial deals, she also explores Buffett's childhood quirks and his unconventional marriage. Enough is enough, though, and John Mark Eberhart of the Kansas City Star speaks for several critics when he points out, "I just could have done with a little less bang for my buck."
Copyright 2008 Bookmarks Publishing LLC
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Top Customer Reviews
You can also learn about his early career and how he got started, as well as his father the politician and the impact that had.
To many of us Warren Buffet is a billionaire investor who knows the ins and outs of Wall Street way better than most of us. Being a financial celebrity, you would expect to find his whole life online. That though isn’t the case with Warren. Little was known about his personal life until Alice Schroeder wrote this book- The Snowball: Warren Buffet and the Business of Life. Reading through the book you will realize that you don’t have to be successful after everyone else has failed. Warren, commonly known as the “Oracle of Omaha” is a financial investor who also doubles up as a mentor. For only $13.84, you will get to meet Warren in this 832 pages book. He will endow you with timeless financial wisdom and proper business ethics that aren’t taught in school.
His practical approach to life will motivate you to kick start your own. The pity party story that one may tend to propagate as reason as to why they aren’t succeeding will diffuse after reading this book. Warren worked to be where he is currently and was never born with a silver spoon. He is a practical inspiration. As you read along, you will learn that no man is an island and that having a strong support system will go a long way in ensuring you succeed. For example, his associate Charles Munger has been his associate since 1959. It doesn’t have to be the perfect system but rather a unit you can count on.
The book is full of insights and it is by reading it that one will be able to grasp and even apply some of the insights in his/her life. Unlike some autobiographies that are boring to tears, this one is different. There are hilarious snippets after every other chapter and with no time you will complete reading the autobiography and even probably re-read it. It will feel just like the first time you opened the book to read. Alice has also included notes to help you understand the book better.
The title of the book is a metaphor that depicts the ever growing wealth of Warren. The book is lengthy and has a lot of details some of which one may not find necessary but the conversational writing that Alice has employed in penning this book will keep you glued to the book. This is a must read book that walks you through the life of a legend.
I recommend this book to anyone who is looking for inspiration.
It's fascinating to hear the life stories of people who started so small and made it so big. And there's no one who's made it bigger than Warren Buffett.
If you like studying the principals of success like I do, pay close attention to the pivotal moments of Buffett's life. Most of them involved an adventure, a connection made with someone influential, and a lot of risk. And this biography does a great job of capturing and sharing those moments, blemishes and all.
Not all of his risks paid off, especially early in his life, but he kept trying different things until a pattern of success emerged. That's a lesson we can all learn, and there are many more just like it waiting for you in this book.