Posts Tagged ‘insight’
The Snowball Warren Buffett and the Business of Life – Book Review
The Snowball – Warren Buffett and the Business of Life, by Alice Schroeder.
A few days ago I started reading this, and I have to say I really don’t want to stop reading it (all 800ish pages). I sort of expected an boring story about a person in something that is imagined to be a rather unexciting industry (investing).
Seriously I couldn’t have been more wrong.
This book is an amazing insight at the life of one of the greatest, most most amazingly brilliant people that history has seen, and it’s funny, sad, exciting – a whole range of unexpectedness. in case you don’t know, here we have a comprehensive look at the life of the most wealthy men in the world – Warren Buffett. During 2008 he was crowned king the worlds wealthiest man holding a worth of $62,000,000,000.
$62 FREAKING-BILLION!!!!!!!
OK, let’s take a closer look at that…
If I earn $10,000,000 every year (which isn’t too unpleasant) it would take to earn as much as this man. WOW. if I had started hording $10,000,000 per year since 1AD I would be about one third of having the wealth that this man has. Mind blowing.
OK now… I’ve calmed myself down enough to finish with this book review.
It’s hard to say just how great this is, what I can say is if you don’t have your book yet go order it right now
What really impressed me about this man is how he came from nowhere, he didn’t start with his parents fortune, in fact he actually started selling golf balls and delivering papers around town. Plus he didn’t even invent something new, what he did do was study harder, gain more skills, and work harder than anyone else before him. It just makes what this man has created more impressive.
The dedication and work ethic of this man is one of the most stand-out, take home lessons you will get from this if you really desire a truly amazing life you better be ready and willing to work your butt off.
What really stood out to me from this book? More than i have time to list here however what really spoke to me was…
1. if you wish to be successful knowledge is key, never EVER stop Learning.
2. Delaying gratification, in other words to what it takes now to have what you want later.
3. if you want long term success (and is there any other type) then you always need to stay completely honest, integrity is your biggest asset.
4. the next biggest assets will be the relationships you build, don’t ever forget that.
5. where you come from really doesn’t matter at all, where you begin doesn’t affect where you finish in life.
So I guess I should wind up this article. in closing I firmly recommend you study the Snowball. if you want to build a massively successful business then knowledge is going to be your main weapon, there are not many that have even come close have even approached close to Warren’s triumph, and I think he is one of the greatest to learn from.
The Snowball Warren Buffett and the Business of Life – Book Review