Books : THE SNOWBALL: Warren Buffett and the Business of Life
Binding: Hardcover
Dewey Decimal Number: 332.6092
EAN: 9780747591917
ISBN: 0747591911
Label: Bloomsbury UK
Manufacturer: Bloomsbury UK
Number Of Items: 1
Number Of Pages: 976
Publication Date: June 30, 2008
Publisher: Bloomsbury UK
Sales Rank: 112820
Studio: Bloomsbury UK
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Product Description:
Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Prize 2008 The Snowball is the first and will be the only biography of the world's richest man, Warren Buffett, written with his full cooperation and collaboration. Combining a unique blend of "The Sage of Omaha's" business savvy, life story and philosophy, The Snowball is essential reading for anyone wishing to discover and replicate the secrets of his business and life success. Warren Buffett is arguably the world's greatest investor. Even as a child he was fascinated by the concept of risk and probability, setting up his first business at the age of six. In 1964 he bought struggling Massachusetts textile firm Berkshire Hathaway and grew it to be the 12th largest corporation in the US purely through the exercise of sound investing principles - a feat never equalled in the annals of business. Despite an estimated net worth of around US$62 billion, Buffett leads an intriguingly frugal life taking home a salary of only GBP50,000 a year. His only indulgence is a private jet, an extravagance he wryly acknowledges by calling it "The Indefensible".In 2006, he made the largest charitable donation on record, with most of it going to the Bill & Melinda Gates Foundation. The Snowball provides a comprehensive, richly detailed insight one of the world's most extraordinary and much loved public figures.
Average Rating: 
Rating:  -
After reading this wonderful biography, I want to thank Mr. Buffett for allowing the story of his life to be told, warts and all, and Alice Schroeder for doing such a great job in writing this book. I finished reading The Snowball, Warren Buffett and the Business of Life a few days ago and I truly miss not being able to read another chapter of Mr. Buffett's life.
There is so much to comment upon in this book and much has already been said. However, what I would like to focus my comments on is the wisdom contained on the pages of this book if it is read in a thoughtful manner. This is not a book that contains an algorithm designed to enrich the reader in buying securities. It is a book about the Business of Life. It is about a highly gifted man who developed his business skills and work ethic in order to record a superior score on his inter score card.
There are two quotes that come to mind, which demonstrate Mr. Buffett's character and what he stands for. The first was when he was involved in the work-out at Salomon, Inc. after the management had deceived the Treasury Department in connection with trading rules. He said to the employees, "Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless." (pg. 603)
On another occasion in later life, while commenting on life, he said, "Basically, when you get to my age, you'll really measure your success in life by how many of the people ... Read More
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Alice Schroeder has written a classic that will be the definitive work in revealing the life and character of a very complex man. Not just for students of investment, this book is motivating and inspirational for students of life.
Most books written about Warren Buffett explain how he amassed such wealth; primarily writing about business relationships. Alice Schroeder has uncovered many personal details previously not known, which answers the "why" in many of Buffett's actions.
Although the book is extensive, it was necessary to encompass such a large scope. Alice Shroeder's writing is relaxed and communicates clearly making this book a pleasure to read.
After reading The Snowball, I am surprised to know why Buffett wants to leave one of the largest legacies in the history of mankind. I am truly inspired by his actions and am in awe of his character. He is an incredible example of a life well lived.
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I'm devouring this enormous book so fast that I'm getting a "Snowball Headache" LOL
His approach to investing is well displayed in the book and fun to watch develop over time as he moves from selling newspapers and used golf balls to become an icon in the world of finance. His life, and the colorful group of people who have been part of his story, make for a great read.
Thank you Alice Schroeder for giving us this glimpse into the man and his methods.
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hile the book is a good read the Kindle edition does not support your ability toview the many footnotes until you get to the end of the book. Kindle dropped the ball on this one by not enabling the ability to do so. The first letter of my first sentence is a W. Kindle does not make provisions for me to go back and make corrections.
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This book gives insight to debunk any myth that weathly peoples lives are any different. Warren I feel for you, you're just better than everyone at seeing how simple the abstract of making money can be and how complex human relations are, money can never buy the deep richness of a real relationship. When people are real/human, money doesn't matter.
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