The Snowball: Warren Buffett and the Business of Life

New
Hardcover
2008
$21.53

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.

Synopsis

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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More Information

Format: Hardcover
Pages: 976
Edition: First Edition
Publisher: Bloomsbury Publishing PLC
Published: 29 Sep 2008
ISBN 10: 0747591911
ISBN 13: 9780747591917
Book Overview: Warren Buffett is currently the WORLD'S RICHEST MAN. His company is ranked 12th in the Fortune 500, and 6th in Fortune's list of the World's Most Admired Companies 2007. He donated $30 BILLION to the Bill & Melinda Gates Foundation. Aimed at the business market, for fans of WHAT THEY DON'T TEACH YOU AT HARVARD BUSINESS SCHOOL,THE ONE MINUTE MANAGER, and REENGINEERING THE CORPORATION. A significant marketing and publicity campaign will ensure that THE SNOWBALL is the biggest business book of the year.
Prizes: Shortlisted for Financial Times/Goldman Sachs Business Book of the Year Award 2008.

Media Reviews

'An epic account of the greatest capital accumulator in history' Dominic Lawson, The Times 'Warren Buffett's opinions are so hotly sought that THE SNOWBALL, a biography with which he has enthusiastically cooperated, would be of interest even if it answered only softball questions. It approaches him seriously, covers vast terrain and tells a fascinating story' New York Times 'Buffett has been ahead of the curve for most of the past 50 years, making him one of the world's richest people. The Snowballprovides some clues about how he's done it' Financial Times 'A monumental work you feel like you've been in the presence of a monumentally flawed but riveting character utterly compelling' Evening Standard

Author Bio

Alice Schroeder began her career as a certified public accountant, working for Ernst & Young before being appointed as a managing director at Morgan Stanley in the equities division. She was the number one-ranked Institutional Investor All-America Research Analyst in 2001 and 2002, and a member of the All-America Research team for seven years. Schroeder first met Warren Buffett in 1998. By 2001, Buffett began to suggest that Alice shift from the business of following stocks in order to write full-time.