The Snowball: Warren Buffett and the Business of Life by Alice SchroederHere is THE book recounting the life and times of one of the most respected men in the world, Warren Buffett. The legendary Omaha investor has never written a memoir, but now he has allowed one writer, Alice Schroeder, unprecedented access to explore directly with him and with those closest to him his work, opinions, struggles, triumphs, follies, and wisdom. The result is the personally revealing and complete biography of the man known everywhere as “The Oracle of Omaha.”
Although the media track him constantly, Buffett himself has never told his full life story. His reality is private, especially by celebrity standards. Indeed, while the homespun persona that the public sees is true as far as it goes, it goes only so far. Warren Buffett is an array of paradoxes. He set out to prove that nice guys can finish first. Over the years he treated his investors as partners, acted as their steward, and championed honesty as an investor, CEO, board member, essayist, and speaker. At the same time he became the world’s richest man, all from the modest Omaha headquarters of his company Berkshire Hathaway. None of this fits the term “simple.”
When Alice Schroeder met Warren Buffett she was an insurance industry analyst and a gifted writer known for her keen perception and business acumen. Her writings on finance impressed him, and as she came to know him she realized that while much had been written on the subject of his investing style, no one had moved beyond that to explore his larger philosophy, which is bound up in a complex personality and the details of his life. Out of this came his decision to cooperate with her on the book about himself that he would never write.
Never before has Buffett spent countless hours responding to a writer’s questions, talking, giving complete access to his wife, children, friends, and business associates—opening his files, recalling his childhood. It was an act of courage, as The Snowball makes immensely clear. Being human, his own life, like most lives, has been a mix of strengths and frailties. Yet notable though his wealth may be, Buffett’s legacy will not be his ranking on the scorecard of wealth; it will be his principles and ideas that have enriched people’s lives. This book tells you why Warren Buffett is the most fascinating American success story of our time.
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Buffett was born in Omaha , Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in before transferring and graduating from the University of Nebraska at the age of He went on to graduate from Columbia Business School , where he molded his investment philosophy around the concept of value investing that was pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in and his firm eventually acquired a textile manufacturing firm called Berkshire Hathaway , assuming its name to create a diversified holding company.
Sign in. Warren Edward Buffett born in Omaha August 30, He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in before transferring and graduating from University of Nebraska-Lincoln at the age of Buffett went on to enroll and graduate from Columbia University where he learned and eventually molded his investment philosophy around a concept pioneered by Benjamin Graham-value investing. He attended New York Institute of Finance to specialize his economics background and soon after began various business partnerships, including one with Graham. His firm would eventually acquire a textile manufacturing firm called Berkshire Hathaway and assume its name to create a diversified holding company.
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Howard Homan Buffett from Nebraska. After graduating from the University of Nebraska B. In Buffett returned to Omaha and in took majority control of the textile manufacturer Berkshire Hathaway Inc. In June Buffett announced that he planned to donate more than 80 percent of his wealth to a handful of private charitable foundations. During the subprime mortgage crisis of —08, Buffett made a number of deals that, though questioned at the time, proved highly profitable. In Buffett was awarded the Presidential Medal of Freedom. Warren Buffett.
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