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“The snowball just happens if you’re in the right kind of snow, and that’s what happened with me. I don’t just mean compounding money either. It’s in terms of understanding the world and what kind of friends you accumulate.” This is Warren Buffett’s snowball philosophy. He was once the richest man in the world, having earned his enormous wealth through investing. Many have wondered how Buffett did it. What are his philosophies of doing business? This book will give you the answers.
This book was written by Alice Schroeder, a former advisory director at Morgan Stanley. She got to know Warren Buffett while writing an analysis report on Berkshire Hathaway. Her insight and ability to master a subject was highly appreciated by Buffett, so she was authorized to write his biography. In order to write this book, she spent five years conducting thorough interviews with Buffet, totaling over 2,000 hours. She was also given access to many of Buffett’s personal letters. Thus, she successfully presents to us a true life image of Buffett.
