Authorized Warren Buffett Biography Drops September 29
Posted on August 12, 2008
The authorized biography of Warren Buffet is hitting stores on September 29, 2008. This is the first biography for which Buffett has cooperated with the author.
The 976-page book is being written by former Morgan Stanley insurance analyst Alice Schroeder, and is titled "The Snowball: Warren Buffett and the Business of Life," publisher Bantam Dell Publishing Group said. Schroeder first met Buffett while working as an analyst, and covered Buffett's insurance and investment company, Berkshire Hathaway Inc.Buffett is the world's richest man; he is worth $62 billion, according to Forbes magazine. He is in the process of giving away most of his fortune right now; most of it is going to the Bill and Melinda Gates Foundation. It will be interesting to hear his insights on business and on his life.According to the publisher, Schroeder has spent "thousands of hours" with Buffett, talking about his life and career, and winning broad access to his files and friends. The book had been scheduled for a May release in conjunction with Berkshire's annual shareholder meeting, but was delayed.
Its title comes from a reported comment by Buffett: "Life is like a snowball. The really important thing is finding wet snow and a really long hill." Schroeder's book earlier had the title "The Snowball: How Warren Buffett Collected Friends, Wisdom and Wealth." Buffett has transformed Omaha, Nebraska-based Berkshire since 1965 into a roughly $179 billion conglomerate with at least 76 companies selling such things as car insurance, ice cream, paint and underwear, and investing in stocks.