Time is the friend of the wonderful business, the enemy of the mediocre.Warren Buffett
The Snowball | Alice Schroeder Warren Buffet
The Snowball is a biography of Warren Buffett, the ‘Oracle of Omaha’ and worlds best investor. Schroeder details his humble start in life and his burning desire for investing knowledge even as a child, all the way to his incredible successes with value investing and running Berkshire Hathaway.
Warren Buffett under the mentor ship of Benjamin Graham was able to beat the S&P 500 index in 40 out of 50 years, becoming one of the top third richest people in the world. Buffet provides sage advice: Start early (your already late, so get started now!), and be patient. Buffets attitude and mindset resonates well with the FI/RE crowd, who are able to heed his advice and put the needs of tomorrow over the wants of today.
The Snowball is a fantastic and detailed read, and you are sure to take several lessons out of it over the course of reading.