The Snowball is the best and most comprehensive biography on Warren Buffett. Roger Lowenstein’s Buffett: The Making of an American Capitalist is good, but does not compare in the depth and breadth of Alice Schroeder’s work. Of course, how could it? Schroeder, unlike Lowenstein, was given an all-access card by Buffett himself with free reign to him, his friends and family, and his personal records. If you have any interest in Buffett, you need to read The Snowball. If anything else, it’s an interesting biography on an interesting human being. With that being said, my biggest takeaway from The Snowball wasn’t some investment advice or deeper understanding of Buffett’s investing style. No, my greatest takeaway was the supreme importance of understanding what is truly important in your life.
I recently came across an excellent in-depth interview of The Snowball by Alice Schroeder. For those of you who need a quick refresher, The Snowball is “the” biography of Warren Buffett. It is an amazingly detailed, meticulously researched, and solidly written book that gives an intimate glimpse into the personal and professional life of Warren Buffett. I once made the mistake of giving it as a gift to a friend who had not interest in business and he didn’t make it past 20 pages. However, if you enjoyed The Snowball and appreciate all things Buffett and Berkshire Hathaway, you’ll love this interview. Here are a few curated excerpts of my favourite parts of the interview (as the full interview is extremely long – apparently snippets of my favourite parts has turned out pretty long too). Read the full interview here.