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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

Got no time to read the thousands of pages between the cover of The Snowball: Warren Buffett and the Business of Life by Alice Schroeder? perhaps you have time to read this article at [www.pophistorydig.com] entitled “Celebrity Buffett”:
Warren Buffett, the businessman-inves- tor who is known in some circles as “The Oracle of Omaha” for his stock picks and investment strategies, is one of the wealthiest persons on the planet. in 2008Forbes magazine estimated that Buffett was then worth about $62 billion, a value that has since taken a hit in the economic downturn, but is still in the neighborhood of $40 billion or so.

Well known and even famous in the business community since the 1960s, Buffett at that time was not generally famous elsewhere. Even through the 1970s and 1980s, Buffet was not the “rock star” he has become of late. However, in recent years, Warren Buffett has “crossed over” from purely business stardom to more full-blown, mainstream celebrity. It’s not clear precisely when this arrival occurred, but the process probably began in the 1980s as his name became more prominent on theForbes 400 “richest Americans” list. in the mid-1990s, a book on Warren Buffett’s investing method, published by another author, became a national bestseller, raising Buffett’s visibility among millions of exist- ing and would-be stock market investors. However, prime-time “Buffet celebrity” grew to a much higher level around 2003 or so, and reached a crescendo of sorts in mid-summer 2006 after he announced plans to give away most of his billions in wealth through a series of donations – the biggest share of which would go to the bill and Melinda Gates Foundation. more on that later.

By 2008 there were other signs of Buffett’s growing celebrity. he appeared, for example, on the September 7th, 2008 cover of the widely circulated Parade magazine, the Sunday supplement magazine that typically features a Hollywood celebrity of some kind on its cover. Parade is found in tens of millions of American homes every Sunday morning. the cover story promised to reveal Buffett’s secrets “that can work for you.” mr. Buffett’s rising celebrity, however, has not yet made him a Saturday Night Live host, but he has made cameos in a TV soap opera, and in 2008 he began making a cartoon series for kids to help teach them about money. Buffett has also appeared on countless business magazine covers, as well as avant garde publications such as Vanity Fair’s special-edition Africa issue of June 2007 (above and below) which featured various combinations of Annie Leibowitz-photographed celebrities on some 20 different covers.

Read the real thing

Celebrity Buffett