The Snowball
The Snowball
Alice Schroeder
Mr. Money Mustache
The complete story of Warren Buffett’s life. (He’s old, so there are over 700 pages). - MMM
Austen Allred
Austen Allred recommended this book on Twitter.
DJ Vlad
If I had to pick one book that changed the way I look at investing, this would be it. - DJ Vlad
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The Snowball

The Snowball: Warren Buffett and the Business of Life

Alice Schroeder
By
Alice Schroeder
4.2
1643
ratings on Goodreads

In "The Snowball," Alice Schroeder offers an unparalleled glimpse into the life of Warren Buffett, the enigmatic titan of finance known as "The Oracle of Omaha." With an unmatched depth of detail, Schroeder chronicles the journey of a man whose investment acumen has reached legendary status, yet whose essence remains shrouded in mystery. Granted unprecedented access to Buffett himself as well as his close circle of family and friends, Schroeder paints a vivid portrait of a complex individual whose professional achievements are rivaled only by his personal paradoxes. Buffett, who famously eschewed the memoir, unfolds his story through Schroeder's lens, revealing the intricate blend of ambition, integrity, and humility that fuels his philosophy not just on investing, but on life itself. "The Snowball" is more than a biography; it is a testament to the fact that the richest narratives often lie behind the most reticent of facades. Schroeder delves beyond the public persona to uncover the man who built an empire from the humblest of beginnings, yet never lost sight of the values that propelled him to the pinnacle of success. Through intimate anecdotes and candid reflections, the book explores Buffett's multifaceted character—from his unparalleled financial wisdom to his simple lifestyle and enduring sense of morality. Schroeder's masterful storytelling invites readers into Buffett's world, offering profound insights into the mind of a man who has become a symbol of success and integrity in the world of business and beyond.

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Released
2008
1 Jan
Length
960
Pages

3

recommendations

recommendation

If I had to pick one book that changed the way I look at investing, this would be it. - DJ Vlad
Austen Allred recommended this book on Twitter.
The complete story of Warren Buffett’s life. (He’s old, so there are over 700 pages). - MMM
On me personally what has been the most important was to understand the value of time -- and this is something that has come from observing him, learning his story and that time compounds. What you do when you are young (and as you use time over your life) can have an exponential effect so that if you are thoughtful about it, you can really have powerful results later, if you want to.Also, that is a reason to be hopeful, because compounding is something that happens pretty quickly. If you are 50 or 60, it is not too late. He said to me one time, if there is something you really want to do, don't put it off until you are 70 years old. ... Do it now. Don't worry about how much it costs or things like that, because you are going to enjoy it now. You don't even know what your health will be like then.On the other hand, if you are investing in your education and you are learning, you should do that as early as you possibly can, because then it will have time to compound over the longest period. And that the things you do learn and invest in should be knowledge that is cumulative, so that the knowledge builds on itself. So instead of learning something that might become obsolete tomorrow, like some particular type of software [that no one even uses two years later], choose things that will make you smarter in 10 or 20 years. That lesson is something I use all the time now.
— Alice Schroeder, The Snowball

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