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The Snowball: Warren Buffett and the Business of Life

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Books : The Snowball: Warren Buffett and the Business of Life

  


 : The Snowball: Warren Buffett and the Business of Life

List Price: £25.00
Amazon.co.uk's Price: £16.50
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Binding: Hardcover
Dewey Decimal Number: 332.6092
EAN: 9780747591917
ISBN: 0747591911
Label: Bloomsbury Publishing PLC
Manufacturer: Bloomsbury Publishing PLC
Number Of Pages: 976
Publication Date: September 29, 2008
Publisher: Bloomsbury Publishing PLC
Release Date: September 29, 2008
Studio: Bloomsbury Publishing PLC




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Editorial Review:

Amazon.co.uk Review:
Alice Schroeder’s The Snowball: Warren Buffett and the Business of Life might well be one of the most important books you will ever read -- particularly in a period when the world's various economies appear to be entering freefall. This arm-straining (at nearly a thousand pages) but utterly fascinating book has already -- against all the odds -- achieved an astonishing level of success, given its initially daunting appearance. But it will only take a chapter or so for most readers to see just why this book is enjoying such an unprecedented level of acclaim.

The subject is the life and career of one of the most revered men in the western hemisphere, Warren Buffett (an advisor to new US President Barack Obama) – despite the fact that his name may not be known to most of the general public. Buffett’s story is one that currently has resonances for all of us: a remarkable financial success story. The name of this investor from Omaha is spoken of with admiration by all who know him, despite the fact that he has never written a book on his career or the secrets of his business success. However, he has been persuaded to allow Alice Schroeder to spend time with him and those with whom he works to investigate his business triumphs, his opinions, his mistakes (Buffett is rather winning in admitting to several of the latter – how common is that in his profession?) -- and what emerges is a totally comprehensive biography of the man known throughout the world as ‘The Oracle of Omaha’.

What is most revealing about the picture of the man that emerges from these pages (and Schroeder had access not just to her subject and his business associates but also his wife, children and friends) is that we meet a man of intellect – of course – but also of humanity and understanding, with a philosphy and worldview that is both judicious and principled. In an era in which those in Buffet’s profession are more prone to excoriation than praise, the man we encounter here has a sane and clear-eyed philosophy of life and an attitude to business success that is generously instructive -- and inspiring. --Barry Forshaw



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - To a great extent, his life has been business...and business has been his life

I recently re-read Roger Lowenstein's biography, Buffett: The Making of an American Capitalist (first published in 1995 and now re-issued with a new Afterword), and then read this more recent one by Alice Schroeder. Both are first-rate. Which to select if reading only one? That depends on how much you wish to know about Buffett's personal life, including his relations with various family members, and how curious you are about his personal hang-ups, peculiarities, eccentricities, fetishes, etc. If you can do without any of that, Roger Lowenstein's biography is the one to read. I also highly recommend the recently published Second Edition of The Essays of Warren Buffet: Lessons for Corporate America, with content selected, arranged, and introduced by Lawrence Cunningham.

The heft of Schroeder's biography may discourage some people from obtaining a copy. To them I presume to suggest that they not be deterred by that factor. Schroeder has a lively, often entertaining writing ... Read More



Rating: 5 out of 5 stars - No silver bullet
Understanding Buffett has become a modern Holy Grail, the pot of gold at the end of a seventy eight year rainbow. How does he do it? How can ordinary people even come close? Having met him first in 2001, Alice Schroeder was first allowed in to the inner sanctum, then granted unfettered access to the man himself "You'll do a better job than I would, Alice. I'm glad you're writing this book, not me". He adds "Whenever my version is different from somebody else's, use the less flattering version".

Five years, 960 pages, 62 chapters, 90 pages of notes, 32 pages of photos, 23 pages of index later, Schroeder has brought us The Snowball, Warren Buffett and the Business of Life. Berkshire Hathaway put on over $50 billion of market capitalisation whilst she was writing it. That's over $50 million for each page. No wonder Buffett was happy to entrust the book to Schroeder. Writing books doesn't usually add value that fast.

Schroeder demonstrates that, after all this ... Read More



Rating: 5 out of 5 stars - Remarkably detailed biography of Buffett
Warren Buffett is "everyman" as multibillionaire. Despite his vast wealth, he has always eschewed ostentation. He pays himself about $100,000 annually, which in today's U.S. economy places him in the upper-middle-class. He lives in the same simple Omaha, Nebraska, house that he bought in 1958 for $31,500. He prefers an old gray suit to expensive London tailoring. In Buffett's early days, when he was only a multimillionaire and not a multibillionaire, he walked around with holes in the soles of his shoes. To Buffett, wardrobe doesn't matter; what matters is making money. He is better at this pursuit than anyone else in the world. In 2008, Forbes magazine ranked him as the globe's richest man, with a net worth of $62.3 billion. Author Alice Schroeder does a masterful job of chronicling Buffett's improbable, inspiring life. As a former superstar research analyst, Schroeder uses her expert knowledge of finance and commerce to detail Buffett's investment philosophy and business activities. getAbstract ... Read More



Rating: 5 out of 5 stars - WOW
Was completely blown away by this book. I was always going to be interested in the business side of this book, but it was the personal side that really suprised me. A really well written piece. A truly amazing story about a life well spent!!



Rating: 5 out of 5 stars - best insight into buffetts life so far
This is the best insight into the sages life that you will probably ever get. I think i have read every book written about buffett so far. This one tells you more about what makes up this truely amazing value investor.

Its a long read but worth every bit. I think alice schroeder has done an excellent job.




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