Soundview Executive Book Summaries


Life Is Like a Snowball…
September 19, 2008, 10:16 AM
Filed under: Leadership

The “Oracle of Omaha” Warren Buffett is credited with the quote, “Life is like a snowball. The important thing is finding wet snow and a really long hill.” If that’s the case, then for Buffett his life must be like one of those giant snowballs in the kids’ cartoons, rolling bigger and bigger.

 

In February 2008, Forbes ranked Buffett as the richest man in the world, worth approximately $62 billion dollars. Not bad for a 77-year old. He is considered one of the world’s greatest (and obviously smartest) investors, which only makes sense: He’s the son of a stockbroker.

 

Though he has long been in the public eye, Buffett has never written a memoir, though there are numerous books out there about him. In late September, there will be another book to add to that list, but this one is a bit different: It’ll be the first biography written with Buffett’s cooperation.

 

Bantam Books will publish The Snowball: Warren Buffett and the Business of Life by Alice Schroeder on Sept. 29. According to Amazon.com the book weighs in at a hefty 976 pages—not exactly a light beach read. Nevertheless, this book will be the quintessential book on Buffett, covering his personal life and business successes. Schroeder first met Buffett when she was working on research on his company, Berkshire Hathaway. Apparently Buffett was impressed by Schroeder and offered her access to his files and himself for the biography. My question is, will this book be as interesting as Alan Greenspan’s The Age of Turbulence? We shall have to find out.

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