Blogs & Comment

976-page book on Buffett

How many books are there on Warren Buffett? Well over a dozen, I bet. Well, add another: a 976-pager to be released on September 29. It is entitled The Snowball: Warren Buffett and the Business of Lifeand is authored by Alice Schroeder, a former insurance industry analyst who wrote reports on Berkshire Hathaway that impressed Buffett.
What makes this book unique is that the author had the full cooperation of Buffett. She spent thousands of hours with him and was given unprecedented access to his files, friends, and associates. The title comes from something Buffett said: Life is like a snowball. The important thing is finding wet snow and a really long hill.
When news of the book first broke in October of 2005, it was billed as the official biography of Buffett. The North American rights were purchased for some $7 million (U.S.) and apparently went to Schroeder. But by 2007, the focus seemed to have changed: the author told the Omaha World Herald: It doesn’t read like a biography.It’s not a business book. It’s a book about the business of life. There’s a lot of business lore and histories in it.
Yet, I wonder just how much more we can learn about Buffett that hasnt already been said. In fact, Roger Lowensteins masterful work, Buffett: The Making of an American Capitalisttold me just about every thing I wanted to know.