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Summary: The Snowball Alice Schroeder

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This work offers a summary of the book “THE SNOWBALL: Warren Buffett and the Business of Life” by Alice Schroeder.

Alice Schroeder is a fulltime writer. She was previously a Wall Street analyst and managing director at Morgan Stanley. Ms. Schroeder is a graduate of the University of Texas at Austin.

In The Snowball, the author recounts a fascinating American success story of our time. Alice Schroeder offers us a complete and thorough biography of one of most respected men in the world, Warren Buffett.

This American icon has never told his full life story, but he has allowed Alice Schroeder open access to his life, struggles and triumphs. Lots of writers have already written on the subject of Buffett's investing style. However, no one has moved beyond that to explore his real philosophy. The Snowball reveals his complex personality as well as the details of his life.

Based on interviews with Buffett himself as well as with friends, family members and business associates, this revealing biography gives an unprecedented look at the hidden life of the man known as “The Oracle of Omaha”. A must read for all businesspeople.
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37 nyomtatott oldalak
Kiadás éve
2011
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    Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you. I know people who have a lot of money, and they get testimonial dinners and they get hospital wings named after them. But the truth is that nobody in the world loves them. If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is, your life is a disaster. That’s the ultimate test of how you’ve lived your life. The trouble with love is that you can’t buy it. You can buy sex. You can buy testimonial dinners. You can buy pamphlets that say how wonderful you are. But the only way to get love is to be lovable. It’s very irritating. You’d like to think you could write a check: I’ll buy a million dollars’ worth of love. But it doesn’t work that way. The more you give love away, the more you get”.
    – Warren Buffett
    “I packed my little snowball very early, and if I had packed it ten years later, it would have been different than where it stands on the hill right now. So I recommend to students that if you start out a little ahead of the game – it doesn’t have to be a lot, but it’s so much better than starting out behind the game. And credit cards really get you behind the game.”
    – Warren Buffett to a group of students

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