The Snowball: Warren Buffett and the Business of Life

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9780553805093: The Snowball: Warren Buffett and the Business of Life

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.

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Product Description:

For the first time in his life, after years of turning down offers from authors and publishers, Warren Buffett has agreed to cooperate on a book that will be a biography of his ideas, a perspective that can be applied to business and the day-to-day decisions that dominate our lives. Buffett has opened his world to Alice Schroeder, former managing director at Morgan Stanley, giving her unprecedented access to himself, his files, friends and associates. This will be the book that provides the never-before-published insight into his character and life, distilling the principles and philosophies that have guided him on a path to extraordinary success and esteem. "The Snowball" is indispensable reading for those who wish to know the man behind the outstanding achievements, leadership and philanthropy. There have been many books written about Warren Buffett that purport to reveal the formula for his investment genius, but "The Snowball" will be the first and only book with his cooperation.

About the Author:

Author Alice Schroeder was a noted insurance industry analyst and writer who was a managing director at Morgan Stanley. She first met Warren Buffett when she published research on Berkshire Hathaway; her grasp of the subject and insight so impressed him that he offered her access to his files and to himself. Their friendship and mutual respect make her ideally positioned to write the The Snowball.

Ms. Schroeder was born in Texas, and she earned an undergraduate degree and her MBA at the University of Texas at Austin before moving east to work in finance. She is a former CPA and lives in Connecticut with her husband.

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