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9 Jan 2009
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| The Snowball: Warren Buffett and the Business of Life | 
 enlarge | Author: Alice Schroeder
Publisher: Bantam
Category: Book
List Price: $35.00
Buy New: $19.99
You Save: $15.01 (43%)
New (61) Used (13) Collectible (8) from $19.99
Avg. Customer Rating:  134 reviews
Format: Roughcut
Media: Hardcover
Number Of Items: 1
Pages: 976
Shipping Weight (lbs): 3.7
Dimensions (in): 9.2 x 6.7 x 2.2
ISBN: 0553805096
Dewey Decimal Number: 332.6092
EAN: 9780553805093
Publication Date: September 29, 2008
Availability: Usually ships in 1-2 business days
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Product Description
Here 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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| Customer Reviews: Read 129 more reviews...
 Good Book January 9, 2009
1 out of 1 found this review helpful
Enjoyed this book greatly. Also have read the shorter Buffet bio by Roger Lowenstein (sp?) and that is also good. This book however really allowed me to see how Buffet works and views the world. Recommend.
 Is he good, or lucky? January 8, 2009
1 out of 1 found this review helpful
What I liked-->First, for an 800+ page book, the author keeps a good pace. The book was entertaining throughout. Second, the author sticks to the facts. Third, the chapter on Mrs. B is wonderful. It is America at its best. Fourth, the story of what happened at Salomon Brothers is great to read, and timely. Fifth, after reading the book Mr. Buffett seems like a real human being.
What I didn't like-->The author made a decision that a step by step description of the process Mr. Buffett uses to evaluate what companies or stocks to buy was not worth including in the book. This expertise is the core of who Warren Buffett is. He chose to use it to make money instead of spending time with his family. Maybe Buffett wouldn't go into the details (his friends describe him as secretive in the book); maybe it was edited out to shorten the book; maybe it is boring or trite or obvious; maybe the author felt it was already available in Buffet's extensive commentary on the "The Intelligent Investor" and in the letters to the Berkshire shareholders. What did make it into the book are the stories of several companies whose stock prices went bad for a long time ( Buffalo newspaper, Salomon Bros,, General Re, Coke) after Buffett bought into them. But why he got into them originally instead of all the other stocks in the market, and what financial information gave him his edge to ride through the bad times, well, "Snowball" gives only hints.
Joaquin de la Guardia, Panama January 7, 2009
Monumental ! Thorough and brutally honest.
Buffett is without peer for his generosity, integrity and investment talent. Picking one winner after another through out his long career. Always adding new streams of "cash flow" to his "cash machine". Businesses as diverse as prison guard uniforms, candies, energy, apparel, insurance, finance, consumer staples, etc., "the learning machine" was able to study them and handicap them perfectly. Always sharing his wisdom and treating his shareholders with the outmost respect and consideration. Personal problems didn't dim his joy and enthusiasm for life.
Astonished the world with his accumulation of wealth, and then out did himself as a philanthropist. Giving away the totality of his state without putting his name on a single building.
"Choose your heroes carefully", Buffett fits the bill.
 Very unhappy January 6, 2009
0 out of 5 found this review helpful
I bought this book as a Christmas present for my Son. I ordered it on 28th November but did not receive it until after Christmas so am very very very unhappy.
fascinating January 6, 2009
1 out of 1 found this review helpful
It gives us an insight into one of the most complex characters in american finances - both the good and the bad. The info on acquirting companies was terrific. Highlight. On weekend with Reagan, he told the President that what he was doing - spending more than he collected - would forever start the nation on a serious journey of overwhelming debt. This was 1982 and here we are in 2009 and another Republican President has certainly done a number in this area in leaving us shortlyto a horrible long term problem. Finally, you can detect Buffett's sense of humor in things as a number of his words of wisdom have proven to be correct.
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