"From the Hardcover edition."
|Publisher:||Random House Inc|
|Publish Date:||Oct 2009|
|Number of Pages:||816|
|Shipping Weight (in pounds):||1.85|
|Product in Inches (L x W x H):||6.25 x 9.5 x 1.5|
Alice 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. Schroeder is an influential analyst in the field of property/casualty insurance, as well as an expert on the effect of the September 11 attacks on the insurance industry. She is a former CPA and lives in Connecticut with her husband.
Verdict: This massive-and highly readable-text (produced with Buffett's full cooperation) is an unvarnished and well-paced biography that is essential for all public and academic business collections. Background: Schroeder, a former Wall Street analyst, profiles the world's most idiosyncratic and successful investor in a book that recounts her subject's sage business mantras ("Be greedy when others are fearful, and fearful when others are greedy, but don't think you can outsmart the market") and a private life dominated by enthusiasm, obsession, and eccentricity.
Since childhood, Buffett has been single-minded in his drive to amass wealth, and because of an unhappy relationship with his mother, he surrounds himself with mothering women. Schroeder contrasts his relationships with powerful figures like Katharine Graham and Bill Gates against his simple Omaha lifestyle and such humble details as his picky eating habits and "bathtub memory"-his ability to forget disturbing memories selectively.
-Lawrence Maxted, Gannon Univ., Erie, PA
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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.
From the Hardcover edition.